Michael Giongo
Michael Giongo is a registered investment advisor at Mutual Advisors, LLC, based in Spring City, PA, with 28 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 8,463 clients with $6.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mutual Advisors charges an annual management fee based on the complexity of your financial situation, the services provided, the experience and standard of fees charged by your advisor, and the value of the assets in your account. This fee is negotiable with your advisor. The annual fee ranges up to 2.00% and is assessed quarterly or monthly in advance. Fees can be structured as a fixed percentage, a tiered fee schedule, or a linear fee schedule.
For American Funds F2 Direct Accounts, the annual fee ranges from 0.25% up to 1.25% annually, calculated and debited quarterly in arrears based on an average daily balance.
Location
Spring City, PA
Get directionsHistory
Regulatory History (2)
Customer Dispute
March 2007Customer Dispute
May 2004Other Business ActivitiesSells Insurance
Michael owns ERX Wealth, LLC, an insurance agency selling fixed life insurance, disability, and LTC products. He also works as an independent sales rep for Merchant Advocate, reviewing merchant accounts, dedicating about 10-20% of his time and minimal time respectively to these activities.
Employment History
Current Registrations
Mutual Advisors, LLC
Previous Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
Geneos Wealth Management, INC.
Geneos Wealth Management, INC.Broker
Multi-Financial Securities CorporationBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
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.