Michael Ottman
Michael Ottman is a CFP-designated registered investment advisor at Spectrum Asset Management INC, based in Newport Beach, CA, with 30 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 318 clients with $640M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
Fees listed are for Equity & Balanced / Investment Consulting Services. 10% discount for eleemosynary accounts. Emerging Wealth Management (Mutual Fund/ETF Models) has a maximum fee of 1.65% for accounts below $750,000, then follows the same tiered schedule as Equity & Balanced. Spectrum may modify the minimum asset level and/or charge a different annual investment advisory fee based on certain criteria.
Fee Estimator
Location
1301 Dove Street, Suite 720, Newport Beach, CA, 92660-2453
Get directionsHistory
Regulatory History (1)
Customer Dispute
April 2004Other Business ActivitiesSells Insurance
Michael has been an insurance agent since 1986, focusing on life and long-term care insurance. He dedicates minimal time to assessing insurance needs and making recommendations.
Employment History
Current Registrations
Spectrum Asset Management INC
Previous Registrations
Ottman Financial Group, INC.
Jeanco Financial,inc.
Royal Alliance Associates, INC.
Ottman Financial Services
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.