Anthony Agbay
Anthony Agbay is a registered investment advisor at Kovack Advisors, INC., based in Troy, MI, with 32 years of industry experience. Anthony operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
1450 W. Long Lake, Suite 180, Troy, MI, 48098
Get directionsHistory
Regulatory History (12)
Judgment / Lien
December 2025Customer Dispute
May 2025Judgment / Lien
October 2019Judgment / Lien
January 2016Customer Dispute
March 2010Customer Dispute
February 2009Customer Dispute
March 2007Customer Dispute
December 2006Customer Dispute
December 2006Customer Dispute
May 2005Customer Dispute
June 2004Customer Dispute
August 2001Other Business ActivitiesSells Insurance
Anthony is a managing member of The Agbay Group LLC, an advisory/consulting firm, spending about 10% of his time on operations. He also works as a licensed insurance agent, advising clients on fixed insurance products including life insurance and fixed index annuities, which takes another 10% of his time.
Employment History
Current Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Previous Registrations
L.M. Kohn & Company
L.M. Kohn & CompanyBroker
Leonard and Company
Leonard & CompanyBroker
Raymond James & Associates, INC.Broker
UBS Financial Services INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations16 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.