Firm Information
Compensation
Fee-Only (AUM)Firm Size
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 0.90% |
| $2.0M - $6.0M | 0.65% |
| $6.0M - $15.0M | 0.45% |
| $15M+ | 0.25% |
Fees may be negotiated.
Fee Estimator
You'll pay an annual fee based on the market value of your assets under management, billed quarterly. Fees may be negotiable based on factors like the complexity of your situation or the amount of assets managed. A minimum of $1,000,000 in assets is generally required to open an account. The fee does not include brokerage commissions or other transaction fees.
Areas of Practice
Advisor Information
Office location
39520 Woodward Avenue, Suite 200, Bloomfield Hills, MI, 48304
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Michael Erik CarmonaRegulatory History
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.
Learn about disclosures →Employment History
Current Registrations
Diversified Portfolios, INC.
Previous Registrations
Planning Alternatives Ltd
State Registrations1 state
Exams
Additional Information
Michael joined Diversified Portfolios after discovering they mirror his passion for serving others through education and goal oriented financial management. He is most at home when face to face with others, discovering their goals and helping them achieve what matters most for themselves and their families.