Michael Joseph Azzato
Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $1.0M | 1.75% |
| $1.0M - $2.0M | 1.50% |
| $2.0M - $3.0M | 1.25% |
| $3M+ | 1.00% |
Fees are negotiable.
Fee Estimator
The annual portfolio management fee is negotiable and payable monthly in arrears, based on the market value of the account on the last business day of the previous month. Fees are prorated for partial months. Financial planning/consulting fees are also negotiable, with hourly rates ranging from $100 to $300 per hour and flat fees ranging from $500 to $5,000 per agreement. GSS, an affiliate, receives a fee from clients' participation in the Insured Deposit Program at Axos, potentially reducing returns and creating a conflict of interest. Clients can choose alternate cash account options or custodians.
Areas of Practice
Advisor Information
Office location
328 Newman Springs Road, Red Bank, NJ, 07701
Get directionsRegulatory History (2)
Regulatory
April 2020Employment Separation After Allegations
June 2019Other Business ActivitiesSells Insurance
Michael is a life, health, property, and casualty insurance agent since 2019, dedicating about 10-20% of his time to this. He also refers business clients for insurance products and services for AFLAC, spending a few hours per week, and sells insurance-only products through Penn Global Marketing, dedicating about 10-20% of his time.