Michael Langer
Michael Langer is a registered investment advisor at Commonwealth Financial Network, based in Erie, PA, with 42 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
1312 Peninsula Drive, Erie, PA, 16505
Get directionsHistory
Regulatory History (2)
Customer Dispute
June 2005Employment Separation After Allegations
October 1997Other Business ActivitiesSells Insurance
Michael is an on-air personality for a Christian radio station, an independent insurance agent selling fixed insurance products, and a partner at Hilling-Pfefer Insurance, Inc. He also owns Langer Wealth Management LLC for expense management.
Employment History
Current Registrations
Commonwealth Financial NetworkBroker
Commonwealth Financial Network
Previous Registrations
Cetera Investment Advisers LLC
Cetera Wealth Services, LLCBroker
Cetera Advisor Networks LLC
Voya Financial Advisors, INC.
Voya Financial Advisors, INC.Broker
Locust Street Securities, INC.Broker
Tower Square Securities, INC.Broker
1717 Capital Management CompanyBroker
Pruco Securities CorporationBroker
State Registrations8 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.