Michael Simms is a registered investment advisor at Capital Markets Iq, LLC, based in Palm Beach Gardens, FL, with 15 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 827 clients with $450M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Capital Markets IQ charges a percentage of your portfolio annually, typically ranging from 0% to 2.80%, billed quarterly. The fee can be calculated based on the portfolio's value at the end of the quarter or the average balance during the quarter. Some clients may have negotiated a tiered fee schedule where the percentage decreases as the portfolio value increases. International clients may incur a one-time set-up fee and have a minimum annual fee.
Location
4440 PGA Blvd., Suite 600, Palm Beach Gardens, FL, 33410
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Other Business ActivitiesSells Insurance
Michael owns Veracity Financial Services and is the president and investment advisor. He also owns Veracity Advisers LLC, where he focuses on fixed insurance sales and business valuations, dedicating about half of his time to this, with some of that time during trading hours. Michael is also a trustee for the Lisa A. Simms Family Trust, spending minimal time on it.
Employment History
Current Registrations
Capital Markets Iq, LLC
Previous Registrations
Invest Financial CorporationBroker
The O.N. Equity Sales CompanyBroker
Metlife Securities INC.Broker
State Registrations3 states
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