MC
ChFC
MC
ChFC

Michael Cirino

41 Years of Experience
Jacksonville, FL
BrokerSells Insurance

Michael Cirino is a ChFC-designated registered investment advisor at Commonwealth Financial Network, based in Jacksonville, FL, with 41 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 Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

7077 Bonneval Road, Suite 450, Jacksonville, FL, 32216

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Michael is a co-owner of Aegis Consulting Group, LLC and owner of Wealth Management of Jacksonville, LLC, both facilitating securities, advisory, and insurance business. He also engages in fixed insurance sales, owns MPMLK, LLC and The i Group, LLC for managing residential real estate, dedicating about 10-20% of his time to Aegis Consulting Group, full-time to Wealth Management of Jacksonville, LLC, about a quarter of his time to fixed insurance sales, and minimal time to the real estate entities.

Employment History
Current Registrations
Commonwealth Financial Network
March 2023 - Present · 3 yrs 7 mos
Commonwealth Financial NetworkBroker
March 2023 - Present · 3 yrs 7 mos
Previous Registrations
The Lincoln National Life Insurance CompanyBroker
November 2000 - April 2006 · 5 yrs 5 mos
Lincoln Financial Advisors Corporation
June 1998 - March 2023 · 24 yrs 9 mos
Lincoln Financial Advisors CorporationBroker
June 1998 - March 2023 · 24 yrs 9 mos
Cigna Financial Advisors,inc.Broker
February 1985 - June 1998 · 13 yrs 4 mos
State Registrations14 states
AZCAFLGANCNJNVNYOHPASCTNVAWA
AdvisorBrokerBoth

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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