Michael Kresl
Michael Kresl is a registered investment advisor at Esi Financial Advisors, based in Chicago, IL, with 35 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
1 N. Franklin St, Ste 3450, Chicago, IL, 60606
Get directionsHistory
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 ActivitiesSells Insurance
Michael is a National Sales Manager at American National Insurance Company, dedicating nearly full-time hours to wholesale marketing of fixed insurance products. He also owns and manages a residential rental home, and works as a tax preparer, dedicating minimal time to each of these activities.
Employment History
Current Registrations
Equity Services, INC.
Esi Financial Advisors
Equity Services, INC.Broker
Previous Registrations
Packerland Brokerage Services, INC.
Packerland Brokerage Services, INC.Broker
Anico Financial Services, INC.Broker
Securities Management & Research, INC.Broker
Capital Securities Investment CorporationBroker
Cna Investor Services, INC.Broker
Locust Street Securities, INC.Broker
Interlink Securities CORP.Broker
First Variable Capital Services, INC.Broker
Harbour Investments, INC.Broker
Secura Investments, INC.Broker
Pruco Securities CorporationBroker
State Registrations1 state
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.