MK
CFP
MK
CFP

Michael Kernicky

44 Years of Experience
Media, PA
3 DisclosuresBroker

Michael Kernicky is a CFP-designated registered investment advisor at Janney Montgomery Scott LLC, based in Media, PA, with 44 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 Alternative Investments, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 243,808 clients with $110B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1340 advisors
Number of Clients
243,808 clients
Average Client Portfolio
$452K average
Assets Under Management
$110.1B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.00%
$500K - $1.0M2.00%
$1.0M - $2.0M2.00%
$2.0M - $5.0M2.00%
$5.0M - $10.0M2.00%
$10.0M - $25.0M2.00%
$25M+2.00%

Fees represent maximum financial advisor fees; additional third-party manager sub-advisory fees may apply depending on the program. All fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

1400 N. Providence Road, Suite 3005, Media, PA, 19063-2098

Get directions

History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2008
Denied
Customer Dispute
December 2002
Denied
Customer Dispute
July 1992
Settled
Other Business Activities

Michael owns real estate rental properties and dedicates a few hours per week to property upkeep. He is also a board member and secretary of the Yacht Club of Sea Isle City, spending minimal time on this role.

Employment History
Current Registrations
Janney Montgomery Scott LLC
August 2018 - Present · 8 yrs 2 mos
Janney Montgomery Scott LLCBroker
August 2018 - Present · 8 yrs 2 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
November 2007 - August 2018 · 10 yrs 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
March 1986 - August 2018 · 32 yrs 5 mos
First Jersey Securities, INC.Broker
June 1982 - March 1986 · 3 yrs 9 mos
State Registrations28 states
ALAZCACOCTDCDEFLGAIDILKSKYLAMAMDMEMINCNJNYPARISCTNTXVAWI
AdvisorBrokerBoth

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
No exam information available for this advisor.
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