Michael Brown
Michael Brown is a CFP-designated registered investment advisor at Nwf Advisory Services INC, based in Murrieta, CA, with 42 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 6,671 clients with $3.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
NWF Advisory Services offers several investment management programs. Fees are negotiable and vary depending on the program and the amount you invest. Here's a summary of the maximum fees for each program:
- Advisor Managed Portfolios (Wrap Account): Fees range from 0.775% to 2.10% depending on the amount invested.
- Advisor Managed Portfolios (Non-Wrap Account): Fees range from 0.775% to 2.10% depending on the amount invested.
- Model Portfolios Program: 1.00% to 1.50% depending on the amount invested.
- SMA and UMA Program: 1.00% to 1.50% depending on the amount invested.
These fees cover advisory services and transactions. Additional fees may apply. Each financial advisor negotiates their own fee schedule.
Location
41856 Ivy St, Suite 113, Murrieta, CA, 92562
Get directionsHistory
Regulatory 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 →Other Business ActivitiesSells Insurance
Michael is involved in various business activities, including tax preparation, sales of fixed annuities and group/individual medical insurance, coaching high school basketball, and rental real estate. He also works as an investment advisor for The Ameriflex Group (full-time), is a partner at MD Brown Financial (full-time), and operates as an insurance agent (about a quarter of his time).
Employment History
Current Registrations
Nwf Advisory Services INC
Osaic Wealth, INC.Broker
Previous Registrations
The Ameriflex Group
Principal Securities, INC.
Principal Securities, INC.Broker
MML Investors Services, INC.
MML Investors Services, INC.Broker
Princor Financial Services CorporationBroker
E. F. Hutton & Company INCBroker
Princor Financial Services CorporationBroker
Shearson Loeb Rhoades INC.Broker
State Registrations32 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.