Michael Smith is a CFP-designated registered investment advisor at Profocus Incorporated, based in Phoenix, AZ, with 25 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Financial Planning & Coaching, Investment Management. Their firm serves 230 clients with $150M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ProFocus charges an annual management fee based on the value of your portfolio, ranging from 0.5% to 2.0% per year, depending on the investment strategy and account size. For trusts other than living trusts, the minimum fee is 2.0% per year. If you have more than $250,000 managed by ProFocus, you get financial planning with up to two meetings per year included. If you have less than $250,000 managed by ProFocus, any financial planning services will be billed at an hourly rate in addition to the asset management fee. The minimum fee for asset management is $175 per quarter. These fees may be negotiable.
Location
5010 East Warner Road, Suite 202, Phoenix, AZ, 85044-3374
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is a 70% owner of Ahwatukee Executive Offices (AEO), 100% owner of Maricopa LLC, and 15% owner of Burlingtonwood LLC. These activities are not investment-related.
Employment History
Current Registrations
Profocus Incorporated
Previous Registrations
Profocus Incorporated
Profocus Incorporated
State Registrations2 states
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