MS

Michael Edward Santucci

29 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)
Number of Advisors
30 advisors
Number of Clients
1,571 clients
Average Client Portfolio
$735K average
Assets Under Management
$1.2B

Fee Structure

Minimum Investment:None
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $1000K1.50%
$1.0M - $5.0M1.00%
$5.0M - $10.0M0.75%
$10.0M - $20.0M0.50%
$20M+0.40%

Advisory fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee

Flagstar Advisors charges an advisory fee, a sponsor fee, and potentially a TPA fee. The advisory fees are based on a percentage of assets under management and are negotiable. TPA fees range from 0.25% to 1.25% and may or may not be negotiable. Fees are deducted directly from your account. You may terminate the advisory agreement with 30 days written notice.

Areas of Practice
Investment ManagementRetirement PlanningHigh Net Worth
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Advisor Information

Office location

40 Cuttermill Road, Suite 501, Great Neck, NY, 11021

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Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
September 2003
Denied
Other Business Activities

Michael is a Group Director Investments - Senior Vice President at New York Community Bancorp (NYCB), the parent company for Flagstar Advisors, Inc. This investment-related activity commenced in June 2024 and requires weekly time, including during trading hours.

Employment History
Current Registrations
Flagstar Advisors, INC.
January 2025 - Present · 1 yr
Flagstar Advisors Broker
March 2013 - Present · 12 yrs 10 mos
Previous Registrations
Flagstar Advisors, INC.
March 2013 - December 2024 · 11 yrs 9 mos
Hsbc Securities (usa) INC.
June 2006 - March 2013 · 6 yrs 9 mos
Hsbc Securities (usa) INC. Broker
January 2005 - March 2013 · 8 yrs 2 mos
Hsbc Brokerage (usa) INC.Broker
June 2000 - January 2005 · 4 yrs 7 mos
Republic Financial Services CorporationBroker
August 1996 - June 2000 · 3 yrs 10 mos
Guardian Investor Services CorporationBroker
March 1996 - August 1996 · 5 mos
State Registrations24 states
AZCACOCTDEFLGAILMAMDMINCNJNVNYOHORPARISCTXUTVAVT
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Michael Edward Santucci - Financial Advisor | AdvisorDiscover