Michael Pelts is a registered investment advisor at Harwood Investment Group LLC, based in Memphis, TN, with 21 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. Their firm serves 15 clients with $17M 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 $5.0M | 1.00% |
| $5.0M - $15.0M | 0.75% |
| $15M+ | 0.50% |
These fees apply to the equity portion of the account. Fixed income accounts are charged differently: 0.375% on the first $10M and 0.250% on amounts over $10M. Minimum annual fee of $500.
Fee Estimator
Location
2593 Broad Avenue, Memphis, TN, 38112
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is a partner in IPS Group, which provides portfolio performance reporting and evaluation services. Michael is also a partner in Lubin Property Management.
Employment History
Current Registrations
Harwood Investment Group LLC
State Registrations1 state
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