TrueAdvisor
TrueAdvisor
MF
ChFC
MF
ChFC

Michael Frieda

Private Client Services, LLC
43 Years of Experience
New York, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Frieda is a ChFC-designated registered investment advisor at Private Client Services, LLC, based in New York, NY, 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 Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 8,765 clients with $1.4B in assets under management.

Private Client Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
685 advisors
Number of Clients
8,765 clients
Average Client Portfolio
$158K average
Assets Under Management
$1.4B

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K1.75%
$500K - $1.0M1.50%
$1M+1.25%

Fees are negotiable based on client complexity and relationship size. Third-party manager marketplace adds 0.15% to 1.00% subscription fees. American Funds F2 program charges 0.25% to 1.00% flat rate.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1120 Avenue of the Americas, Suite 4107, New York, NY, 10036

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History

Regulatory History (1)
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
November 2000
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is a co-owner and technical coordinator at Crystal Wealth Management, Inc dba USPNY Private Wealth Management, where he sells fixed rate insurance & annuity products and health-related products, dedicating about 10-20% of his time. He also sells non-security based insurance products to the general public.

Employment History
Current Registrations
Private Client Services, LLC
April 2013 - Present · 13 yrs 6 mos
Private Client Services, LLCBroker
January 2010 - Present · 16 yrs 9 mos
Previous Registrations
Woodbury Financial Services, INC.Broker
October 2003 - December 2009 · 6 yrs 2 mos
1717 Capital Management CompanyBroker
March 1993 - August 2003 · 10 yrs 5 mos
MML Investors Services, INC.Broker
January 1988 - January 1988 · 0 mos
The Equitable Life Assurance Society of the United StatesBroker
February 1987 - March 1993 · 6 yrs 1 mo
Equico Securities, INC.Broker
February 1987 - March 1993 · 6 yrs 1 mo
MML Investors Services, INC.Broker
January 1984 - February 1987 · 3 yrs 1 mo
Massachusetts Mutual Life Insurance CompanyBroker
November 1983 - January 1988 · 4 yrs 2 mos
Phoenix Equity Planning CorporationBroker
December 1982 - August 1983 · 8 mos
State Registrations10 states
AZCACTFLMANCNJNYWAWI
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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