Michael Brown
Michael Brown is a CFP-designated registered investment advisor at Nwf Advisory Services INC, based in Murrieta, CA, with 43 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 11,433 clients with $6.4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.10% |
| $100K - $250K | 2.10% |
| $250K - $500K | 1.88% |
| $500K - $750K | 1.65% |
| $750K - $1.2M | 1.43% |
| $1.3M - $2.0M | 1.20% |
| $2.0M - $5.0M | 0.97% |
| $5.0M - $25.0M | 1.00% |
| $25M+ | 0.78% |
Fees are negotiable. Different programs such as Model Portfolios and WMAP charge a maximum fee of 1.50% up to $25,000,000 and 1.00% above that.
Fee Estimator
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 Registrations33 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.
Exams
More Advisors
- Michael Anderson, CFPAdviceonly
- Richard Gill, CFPMissionsquare Wealth Management
- Ross Hunt, CFPRmh Advisors, LLC
- Jose Bohon, CFPStifel, Nicolaus & Company, Incorporated
- Brian Koch, CFPMissionsquare Wealth Management
- Scott Koth, ChFCState Farm Investment Management CORP.