MM
CFP · ChFC
MM
CFP · ChFC

Michael Mccracken

24 Years of Experience
Indianapolis, IN
1 DisclosureSells Insurance

Michael Mccracken is a CFP, ChFC-designated registered investment advisor at Mfg Wealth Management, INC., based in Indianapolis, IN, 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, Insurance Planning, Investment Management, and 2 more. Their firm serves 346 clients with $110M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
346 clients
Average Client Portfolio
$323K average
Assets Under Management
$111.8M

Fee Structure

Minimum Investment:$50K
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K1.50%
$100K - $500K1.25%
$500K+1.00%

Negotiable annual fee ranges from 1% to 2%, depending on the size and complexity of a client's account.

Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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Location

6920 South East Street, Indianapolis, IN, 46227

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History

Regulatory History (1)
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
March 1996
Settled
Other Business ActivitiesSells Insurance

Michael is part owner of a commercial office building and owner of residential real estate, dedicating minimal time to each. He is also a statutory agent involved in the sale of life insurance and fixed annuities, spending a few hours per week. Finally, Michael is an investment adviser representative, owner, and president of MFG Wealth Management, LLC, dedicating nearly full-time hours to providing advisory services and financial planning.

Employment History
Current Registrations
Mfg Wealth Management, INC.
May 2003 - Present · 23 yrs
Previous Registrations
American General Securities Incorporated
July 2001 - June 2007 · 5 yrs 11 mos
State Registrations2 states
FLIN
Advisor

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.

Exams
No exam information available for this advisor.
Michael Mccracken - Financial Advisor | TrueAdvisor