Michael Hagelgans is a registered investment advisor at Mma Asset Management LLC, based in Boston, MA, with 24 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 303 clients with $720M 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 $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Fees are negotiable, especially for larger accounts. The firm may charge a flat fee percentage per annum for accounts rather than utilizing the tiered schedule.
Fee Estimator
Location
101 Huntington Ave, Suite 401, Boston, MA, 02199
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Other Business Activities
Michael is the Vice President of MMA Asset Management LLC, dedicating a few hours per week to consulting and advising individuals. He also serves as Treasurer for Southern Shore Human Resource Management Association and a board member for Ventnor NJ School Board, and spends nearly all of his time on non-investment related business activities for Marsh & McLennan Agency LLC.
Employment History
Current Registrations
Mma Asset Management LLC
Mma Securities LLCBroker
Mma Securities LLC
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
Centurion Asset Management, LLC
The Centurion Group, LLC
LPL Financial LLCBroker
Nrp Advisors, INC.
Nrp Financial, INC.Broker
Commerce Capital Markets, INC.
Commerce Capital Markets, INC.Broker
State Registrations5 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.