MH

Michael D Heavey

26 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)
Number of Advisors
14 advisors
Number of Clients
1,408 clients
Average Client Portfolio
$1.3M average
Assets Under Management
$1.9B

Fee Structure

Minimum Investment:None
Financial Planning:Investment management only

Potomac's Union Platform fees consist of a Platform Fee (0.20%-0.40% based on assets), a Client Advisor Fee (0.00%-1.50%), and a Strategy Fee (0.10%-0.80% for Non-Potomac and SMA Strategies). Potomac waives the Strategy Fee for Potomac Strategies, compensated through Potomac Funds. The total all-in fee will never exceed 2.50%. Clients are responsible for custodian fees and investment expenses. Fees may be negotiable.

Areas of Practice
Investment Management
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Advisor Information

Office location

Oakland Township, MI

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Paralel Distributors
November 2025 - Present · 2 mos
Paralel DistributorsBroker
November 2025 - Present · 2 mos
Potomac
October 2025 - Present · 3 mos
Previous Registrations
Cambridge Investment Research Advisors, INC.
March 2025 - June 2025 · 3 mos
Cambridge Investment Research, INC.Broker
March 2025 - June 2025 · 3 mos
Assetmark, INC.
August 2022 - December 2024 · 2 yrs 4 mos
Assetmark Brokerage, LLCBroker
August 2022 - December 2024 · 2 yrs 4 mos
Flexible Plan Investments Ltd
February 2017 - July 2022 · 5 yrs 5 mos
Ceros Financial Services, INC.Broker
March 2016 - July 2022 · 6 yrs 4 mos
Strategic Advisers, INC.
July 2014 - March 2015 · 8 mos
Fidelity Brokerage Services LLCBroker
June 2014 - March 2015 · 9 mos
Mfs Fund Distributors, INC.Broker
December 2005 - August 2012 · 6 yrs 8 mos
Charles Schwab & Co., INC. Broker
March 2004 - October 2005 · 1 yr 7 mos
Sentra Securities CorporationBroker
May 2001 - December 2001 · 7 mos
Spelman & Co., INC.Broker
May 2001 - December 2001 · 7 mos
Fortress Financial Securities CorporationBroker
September 2000 - March 2001 · 6 mos
Salomon Smith Barney INC. Broker
April 1998 - November 1998 · 7 mos
Garban LLCBroker
November 1994 - January 1998 · 3 yrs 2 mos
Rmj Securities CORP.Broker
October 1993 - April 1994 · 6 mos
Liberty Brokerage INC.Broker
August 1990 - October 1993 · 3 yrs 2 mos
State Registrations2 states
MDMI
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Michael D Heavey - Financial Advisor | AdvisorDiscover