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MJ
MJ

Michael Jones

Argent Advisors, INC.
42 Years of Experience
Ruston, LA
5 DisclosuresSells Insurance
View SEC Summary
View SEC Summary

Michael Jones is a registered investment advisor at Argent Advisors, INC., based in Ruston, LA, with 42 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, Insurance Planning, Investment Management, and 2 more. Their firm serves 1,499 clients with $1.7B in assets under management.

Argent Advisors, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12 advisors
Number of Clients
1,499 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$1.7B

Fee Structure

Planning is included in investment management (also available separately)
Minimum Annual Fee:$350
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K1.25%
$500K - $1.0M1.00%
$1.0M - $2.0M0.90%
$2M+0.70%

Rates shown are for Standard Portfolio Management. Other programs have different schedules, such as Dynamic Asset Models at 1.25% to 1.50% plus a $20/month operations fee, and Passive Portfolios at a flat 0.50%. Fees are negotiable.

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

Location

500 East Reynolds Drive, Ruston, LA, 71270

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History

Regulatory History (5)
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
September 2001
Award / Judgment
Customer Dispute
December 2000
Settled
Customer Dispute
April 1999
Settled
Customer Dispute
February 1996
Settled
Regulatory
December 1993
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is a partner in ALWRIGHT LLC, which invests in oil and gas production and leasing, dedicating minimal time to it. He also holds life and health insurance licenses but has never solicited or sold a policy. Additionally, Michael is a member of TAP Resources, spending a few hours per week analyzing drilling opportunities and allocating resources.

Employment History
Current Registrations
Argent Advisors, INC.
April 2006 - Present · 20 yrs 6 mos
Previous Registrations
Uvest Financial Services Group, INC.
June 2006 - September 2006 · 3 mos
Uvest Financial Services Group, INC.Broker
August 2005 - October 2007 · 2 yrs 2 mos
Samco Financial Services, INC.Broker
January 2003 - August 2005 · 2 yrs 7 mos
Argent Investment Services, INC.Broker
October 1990 - December 2002 · 12 yrs 2 mos
Walnut Street Securities, INC.Broker
July 1990 - October 1990 · 3 mos
Prudential-Bache Securities INC.Broker
March 1989 - June 1990 · 1 yr 3 mos
Painewebber IncorporatedBroker
December 1985 - March 1989 · 3 yrs 3 mos
Edward D. Jones & CO., L.P.Broker
May 1984 - December 1985 · 1 yr 7 mos
State Registrations2 states
LATX
Advisor

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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