MC

Michael Richard Clouse

32 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
19 advisors
Number of Clients
736 clients
Average Client Portfolio
$267K average
Assets Under Management
$196.9M

Fee Structure

Minimum Investment:None

D.H. Hill offers two wrap programs, Connect and Select, each with its own fee schedule. The annual cost is negotiated with each client and depends on factors like services performed, wealth counseling needs, investable assets, and time spent servicing the client. The total fee charged will not exceed 3.00% of the portfolio value annually. Certain custodians charge a minimum annual Asset Based Pricing Fee. Sub-Manager costs in the D.H. Hill Select Program range from 0% to 1% of assets under management. Investment management costs are payable monthly or quarterly.

Areas of Practice
Investment ManagementFinancial Planning & CoachingHigh Net Worth
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Advisor Information

Office location

1543 Green Oak Place, Suite 100, Kingwood, TX, 77339

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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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Other Business ActivitiesSells Insurance

Michael dedicates nearly full-time to insurance sales and services, including life, health, dental, LTC, Medicare Supplement, disability, and fixed annuities, since 1989. He is also a nutritional products distributor since 2009. Michael spends about a third of his time as a registered representative providing securities products/services.

Employment History
Current Registrations
D.H. Hill Advisors, INC.
September 2009 - Present · 16 yrs 4 mos
D.H. Hill Securities, Lllp
September 2009 - Present · 16 yrs 4 mos
D.H. Hill Securities, LllpBroker
September 2009 - Present · 16 yrs 4 mos
Previous Registrations
Next Financial Group, INC.
February 2008 - September 2009 · 1 yr 7 mos
Next Financial Group, INC. Broker
January 2008 - September 2009 · 1 yr 8 mos
Wellstone Securities, LLCBroker
January 2007 - December 2007 · 11 mos
Intersecurities, INC.
February 1995 - December 2006 · 11 yrs 10 mos
Intersecurities, INC. Broker
February 1995 - December 2006 · 11 yrs 10 mos
Fortis Investors, INC.Broker
January 1994 - December 1994 · 11 mos
Intersecurities, INC. Broker
August 1993 - December 1993 · 4 mos
Princor Financial Services Corporation Broker
March 1993 - August 1993 · 5 mos
State Registrations1 state
TX
AdvisorBrokerBoth
Exams
No exam information available for this advisor.