Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Investment advisory fees are based on a percentage of assets under management. For non-discretionary accounts, fees range from 2.00% on the first $99,999 to 0.80% on amounts over $5,000,000. Discretionary portfolio management fees range from 0.15% on the first $249,999 to 0.10% on amounts over $2,000,000. Financial planning fees are charged hourly ($150-$500/hour), annually (fixed fee $500-$100,000), or as a one-time payment ($500-$100,000). Fees are negotiable based on account size and other factors. The account minimum is $25,000, but may be waived.
Areas of Practice
Advisor Information
Office location
600 Highway 169 South, Suite 1410, St. Louis Park, MN, 55426
Get directionsRegulatory History (5)
Customer Dispute
November 2011Customer Dispute
June 2008Customer Dispute
April 2008Customer Dispute
December 2004Customer Dispute
March 2004Other Business ActivitiesSells Insurance
Michael is an Investment Adviser Representative and provides financial planning services through Oakwood Capital, Inc. and Oakwood Capital Advisors, LLC, dedicating about 10-20% of his time to each. He also offers fixed insurance and annuities through Oakwood Capital Insurance Solutions, LLC, spending a few hours per week, and volunteers for Laundry Love.