Michael Herrmann is a registered investment advisor at Uhlmann Investment Management, L.L.C., based in Skokie, IL, with 39 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 456 clients with $270M 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 $2.0M | 1.75% |
| $2.0M - $3.0M | 1.50% |
| $3.0M - $4.0M | 1.25% |
| $4M+ | 1.00% |
UIM may negotiate its fee or exclude certain investments from the fee calculation at its discretion.
Fee Estimator
Location
5202 Old Orchard Road, Suite 250, Skokie, IL, 60077
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Regulatory History
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.
Learn about disclosures →Other Business Activities
Michael is an advisor at Uhlmann Investment Management LLC, providing investment advisor services since 2020. This takes a few hours per week, with minimal time spent during trading hours.
Employment History
Current Registrations
Uhlmann Price Securities, LLCBroker
Uhlmann Investment Management, L.L.C.
Previous Registrations
Wells Fargo Clearing Services, LLCBroker
Wells Fargo Clearing Services, LLC
A. G. Edwards & Sons, INC.
A. G. Edwards & Sons, INC.Broker
Parker/hunter IncorporatedBroker
Beaconsfield Financial Services, INC.Broker
Pruco Securities CorporationBroker
State Registrations12 states
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