Mike Tuma Email & Phone Number

Ft Lauderdale, Florida

Investment Advisory Services offered through Sound Income Strategies, LLC, an SEC Investment Advisory Firm.

Leawood, Ks

Entrepreneurial founder and trusted leader of this financial services group who generates a consistent growth-oriented presence. Effectively built and grew the firm from inception and concept to a current roster of 150 representatives and $1.2B under management in the BD and RIA. Licensed to operate in all 50 states with 18K accounts, as a $50K Net Cap firm. Generates a consistent annual growth of 20% per year since the firms founding. Effectively and efficiently utilizes a thorough knowledge of FINRA requirements to better identify early indicators of challenges or opportunities.✔ Key contributor who designed a scalable and highly efficient workflow system utilizing a compliant supervisory approach which has dramatically improved key metrics and performance indicators. ✔ Personally selected and optimally negotiated critical agreements for Pershing to be the clearing firm. ✔ Successfully added Schwab as a custodian as well as Cognios Capital for all proprietary managed accounts, with the latter working as the third party money manager.✔ Effectively leads a high functioning team of twelve professionals, nine of which are Series 24 Registered Principals and three contractors who are providing supervision and on-site audits.

Overland Park, Ks

Provided consistent and strategic financial advice on issues involving office practices, securities and securities sales, advertising, and communication guidelines as required by FINRA, SEC and the Broker Dealer. Founded and established a highly respected OSJ within CMIC to better serve the client base. Subsequently provided a consistent base of operations and administrative support for the larger FIA sales producers who had securities licenses, so they could continue to offer the same products, through the same IMO, and receive the same level of compensation. Successfully supported all recruiting, transition work, advertising approval, suitability review, onsite compliance audits, trading of stocks and bonds, relationship management, licensing, commission questions and service promotions for the broker dealer.✔ Effectively recruited and on-boarded 75 representatives across the country which subsequently became more than 20% of the broker dealer itself.✔ Received a ‘no deficiencies’ audit from FINRA.

Appleton, Wi

Go-to resource and valued Subject Matter Expert (SME) who leveraged an extensive knowledge of FINRA compliance for a set of national accounts relative to the transfer of new representative’s book of business as well as their understanding of evolving best practices and an awareness of the optimal workflow of required paperwork. Quickly resolved complex issues involving trading errors, as well as advised representatives on multiple issues regarding recommendations to their clients. Concurrently led thorough compliance audits for clients on a national scale. Member of the Senior Management Team of five who helped the firm grow in gross revenue from $10M to $100M. ✔ Effectively recruited and built relationships with new representatives and subsequently trained them on updated policies and procedures.✔ Accurately processed transactions in a timely manner in a proprietary OSJ office including reviewing forms for NIGO issues, entering orders for stock trades, and signing off as principal on trades after suitability review.