MM
Firm Information
Compensation
Fee-Only (AUM)
Number of Advisors
15 advisors
Number of Clients
871 clients
Average Client Portfolio
$1.0M average
Assets Under Management
$876.0M
Fee Structure
Minimum Investment:None
Hourly Rate:$250/hr
Management fees for portfolio management range from 0.50% to 2.00% annually, billed quarterly in advance, based on the complexity of managing the client's assets. Financial planning is billed hourly at $250/hour, negotiable based on scope and complexity. Formidable Asset Management does not require a minimum investment amount to open and/or to maintain an account with it.
Areas of Practice
Investment ManagementFinancial Planning & Coaching
Loading...
Advisor Information
Office location
601 21st Street, Suite 300, Vero Beach, FL, 32960
Get directionsRegulatory History (4)
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
October 2017Settled
Customer Dispute
August 2010Denied
Customer Dispute
July 2001Closed-No Action
Customer Dispute
April 2000Denied
Other Business Activities
Michael is the founder and leader of a non-profit baseball organization, coaching and assisting with administrative duties. He dedicates about 10-20% of his time to this activity.
Employment History
Current Registrations
Formidable Asset Management, LLC
April 2024 - Present · 1 yr 9 mos
Previous Registrations
Brm Investment Management LLC
December 2022 - March 2024 · 1 yr 3 mos
Wedbush Securities INC.
August 2022 - September 2022 · 1 mo
Raymond James & Associates, INC.
June 1998 - May 2022 · 23 yrs 11 mos
Raymond James & Associates, INC. Broker
June 1998 - May 2022 · 23 yrs 11 mos
State Registrations1 state
FL
Advisor
Exams
No exam information available for this advisor.