Michael Bailey
Michael Bailey is a registered investment advisor at Mgb Wealth Management, LLC, based in Addison, TX, with 41 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 71 clients with $420M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MGB Wealth Management's portfolio management fees are individually negotiated with each client and are based on a percentage of the value of your portfolio. The maximum fee is 1.75%, depending on the level of engagement. The minimum portfolio value is generally $1 million, but exceptions may be made.
Location
15455 Dallas Parkway, Suite 1080, Addison, TX, 75001
Get directionsHistory
Regulatory History (2)
Customer Dispute
November 2008Employment Separation After Allegations
October 1995Other Business Activities
Michael is a manager and member of B.B.W.M. Lease Partners, LLC, which leases office space to MGB Wealth Management, LLC. He spends minimal time on this non-investment-related activity.
Employment History
Current Registrations
Beacon Pointe Advisors, LLC
Mgb Wealth Management, LLC
Previous Registrations
Raymond James & Associates, INC.
Raymond James & Associates, INC.Broker
RBC Dain Rauscher INC.
RBC Dain Rauscher INC.Broker
Southwest Securities, INC.Broker
Painewebber IncorporatedBroker
Prudential Securities IncorporatedBroker
Kidder, Peabody & CO. IncorporatedBroker
State Registrations1 state
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.