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Michael Margiotta

Wells Fargo Advisors
37 Years of Experience
Beverly Hills, CA
3 DisclosuresBroker
View SEC Summary
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Michael Margiotta is a registered investment advisor at Wells Fargo Advisors, based in Beverly Hills, CA, with 37 years of industry experience. Their practice areas include Business Owners, Divorce Planning, Education Planning, Financial Planning & Coaching, and 2 more. Their firm serves 1,327,695 clients with $610B in assets under management.

Wells Fargo Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14703 advisors
IM Fee
Planning only
Assets Under Management
$606.0B

Fee Structure

Minimum Investment:$250K
  • Cash Flow Analysis — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Education Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Retirement Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Risk Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Wealth Planning — Up to $1,000 for clients with a net worth of $250,000 to $500,000; up to $2,500 for clients with a net worth over $500,000 to $1,000,000; up to $5,000 for clients with a net worth over $1,000,000.
  • Divorce Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Special Needs Analysis — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Sports & Entertainment — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.
  • Business Owner Planning — Up to $1,500 for clients with a net worth of $250,000 to $500,000; up to $3,750 for clients with a net worth over $500,000 to $1,000,000; up to $7,500 for clients with a net worth over $1,000,000.

The total fee per engagement can range up to $5,000 for clients with a net worth of $250,000 to $500,000, up to $12,500 for clients with a net worth over $500,000 to $1,000,000, and up to $25,000 for clients with a net worth over $1,000,000. Fees are subject to negotiation and may vary.

One-Time Plan:Up to $25,000
View Full SEC Brochure

Location

433 N Camden Dr 9th & 12th Fls, [La-Rbo], Beverly Hills, CA, 90210

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2019
Settled
Customer Dispute
September 2015
Denied
Customer Dispute
January 2002
Settled
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Wells Fargo Clearing Services, LLCBroker
April 2022 - Present · 4 yrs 1 mo
Wells Fargo Clearing Services, LLC
April 2022 - Present · 4 yrs 1 mo
Wells Fargo Advisors
April 2022 - Present · 4 yrs 1 mo
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
June 2015 - April 2022 · 6 yrs 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2015 - April 2022 · 6 yrs 10 mos
UBS Financial Services INC.
October 2008 - June 2015 · 6 yrs 8 mos
UBS Financial Services INC.Broker
October 2008 - June 2015 · 6 yrs 8 mos
Citigroup Global Markets INC.Broker
December 2003 - November 2008 · 4 yrs 11 mos
Citigroup Global Markets INC.
December 2003 - November 2008 · 4 yrs 11 mos
Credit Suisse First Boston
January 2003 - December 2003 · 11 mos
Credit Suisse First Boston LLCBroker
January 2003 - December 2003 · 11 mos
Donaldson Lufkin & Jenrette Securities Corporation
August 2002 - January 2003 · 5 mos
Donaldson, Lufkin & Jenrette Securities CorporationBroker
December 2000 - January 2003 · 2 yrs 1 mo
Cibc World Markets CORP.Broker
June 1998 - December 2000 · 2 yrs 6 mos
Painewebber IncorporatedBroker
November 1993 - June 1998 · 4 yrs 7 mos
Smith Barney Shearson INC.Broker
July 1993 - December 1993 · 5 mos
Lehman Brothers INC.Broker
May 1988 - July 1993 · 5 yrs 2 mos
State Registrations7 states
CAFLHIMONMNVTX
AdvisorBrokerBoth

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Exams
No exam information available for this advisor.
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