Michael Wells is a registered investment advisor at The Better 401(k) Source, based in Plano, TX, with 14 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Empirical Modeling & Analytics' fees are based on the value of the assets in each retirement plan account, as of the last trading day of each quarter. Fees are paid after the quarter ends and are taken directly from each account by the custodian.
- $10,000,000.00 - $19,999,999.99 — 0.25%
- $20,000,000.00 - $29,999,999.99 — 0.20%
- $30,000,000.00 - $49,999,999.99 — 0.15%
- $50,000,000.00 & Greater — Negotiable
The minimum account balance is $10,000,000.00.
Location
1800 Preston Park Blvd., Suite 260, Plano, TX, 75093
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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 →Employment History
Current Registrations
The Better 401(k) Source
Previous Registrations
Index Fund Advisors, INC.
Chase Investment Services CORP.
Merrill Lynch Pierce Fenner & Smith INC.
State Registrations1 state
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.