Michael Rudy is a CFP-designated registered investment advisor at Wolakota Financial Advisors, based in Ypsilanti, MI, with 15 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, Investment Management, Retirement Planning, and 1 more. Their firm serves 28 clients with $8.5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Wolakota Advisors provides investment management services, with fees included in the comprehensive financial planning retainer. The retainer fee ranges from $2,500 to $12,000 for the first year, based on income, net worth, and tax complexity. Renewal fees range from $2,000 to $8,000. There are no additional fees for investment advisory services beyond the retainer, though investment firms or mutual funds may have their own fees. Clients can also pay an hourly fee of $250/hour for investment advice.
Location
878 S Grove St., Ypsilanti, MI, 48198-6345
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael operates Wolakota Financial Advisors, providing tax preparation and planning services seasonally since 2006, taking about 3/4 of his time during tax season. He also works as a psychotherapist specializing in money-related issues year-round, dedicating about a quarter of his time to this.
Employment History
Current Registrations
Wolakota Financial Advisors
Previous Registrations
Northern Financial Advisors, INC
State Registrations1 state
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