Michael Evans
Michael Evans is a registered investment advisor at Vanderbilt Advisory Services, based in Chesire, CT, with 35 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 6,470 clients with $2.1B 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 $100K | 2.50% |
| $100K - $250K | 2.25% |
| $250K - $500K | 2.00% |
| $500K - $1.0M | 1.75% |
| $1.0M - $2.0M | 1.50% |
| $2.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 0.75% |
Firm also offers threshold billing, flat percentage, and flat annual fee structures. Fees are negotiable.
Fee Estimator
Location
1120 South Main St, Chesire, CT, 06410
Get directionsHistory
Regulatory History (3)
Customer Dispute
March 2015Customer Dispute
February 2006Customer Dispute
November 2005Other Business ActivitiesSells Insurance
Michael is the proprietor/owner of Evans Group Financial Advisors, focusing on non-securities transactions including life insurance, long-term care insurance, and fixed annuity sales. He also serves as the Chairman of the Cheshire Retirement Board, overseeing pension investments for town employees, dedicating a few hours per week to each activity.
Employment History
Current Registrations
Vanderbilt Advisory Services
Vanderbilt Securities, LLCBroker
Previous Registrations
Hornor, Townsend & Kent, INC.
Hornor, Townsend & Kent, INC.Broker
Edward JonesBroker
Bankboston Investor Services, INC.Broker
Fis Securities, INC.Broker
Mds Securities IncorporatedBroker
440 Financial Distributors, INC.Broker
Allmerica Investments, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations11 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.