Michael Donnelly
Michael Donnelly is a registered investment advisor at Esi Financial Advisors, based in Port St. Lucie, FL, with 40 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 12,116 clients with $2.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ESI Financial Advisors offers investment management through various programs. Fees vary depending on the program chosen and can include platform fees, strategist fees, and service fees.
ESI Illuminations programs charge a platform fee between 0.26% and 0.45% annually, plus strategist fees (0.02%-1.00%) and EFA's service fee (0-2.00%).
American Funds and Schwab Retirement Advisor Services have tiered fees, up to 1.00% annually on the first $1M, decreasing to 0.35% on amounts over $10M.
AssetMark fees are negotiated with the advisor, not to exceed 1.5% annually.
SEI fees are also negotiated, not to exceed 1.75% annually, plus a 0.05% administrative fee.
Location
Port St. Lucie, FL
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2005Customer Dispute
February 2002Other Business ActivitiesSells Insurance
Michael is the president of Donnelly Group, Inc., an investment-related consulting firm, spending minimal time on marketing ideas. He is also an agent licensed to sell life insurance through The Vermont Agency and Landmark Financial Services, dedicating full-time hours to insurance sales and financial services.
Employment History
Current Registrations
Esi Financial Advisors
Equity Services, INC.Broker
Previous Registrations
Pruco Securities CorporationBroker
State Registrations11 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.