Lorraine Ell is a registered investment advisor at Better Money Decisions, based in Midland, MI, with 19 years of industry experience. Lorraine operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 322 clients with $330M 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 $499K | 1.25% |
| $499K - $999K | 1.00% |
| $999K - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Fees are negotiable for accounts over $10MM.
Fee Estimator
Location
6207 Whiffletree Ln, Midland, MI, 48642
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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 →Other Business ActivitiesSells Insurance
Lorraine is the President of Excellat Consulting, dedicating minimal time to the business. She is also an insurance agent with Better Insurance Decisions since 2015, which takes up minimal time.