Michael Mumau
Michael Mumau is a registered investment advisor at Ameritas Advisory Services, LLC, based in Punxsutawney, PA, with 42 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 Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 29,718 clients with $14B 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 $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $3.0M | 1.25% |
| $3M+ | 1.00% |
Fees vary by specific program selected. Some programs include an additional program fee ranging from 0.05% to 0.35% on top of the investment professional fee.
Fee Estimator
Location
31 Universal Dr Ste A, Punxsutawney, PA, 15767
Get directionsHistory
Regulatory History (2)
Customer Dispute
January 2009Customer Dispute
March 2003Other Business ActivitiesSells Insurance
Michael is a licensed independent insurance agent selling fixed insurance products, health insurance, long-term care, and life insurance. He also owns Mumau Investments and Insurance, selling fixed life insurance and Medicare supplements, and is a part-owner of Punx'y Beverage Company.
Employment History
Current Registrations
Ameritas Advisory Services, LLC
Ameritas Investment Company, LLCBroker
Previous Registrations
Ameritas Advisory Services
State Registrations7 states
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.