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Michael Shanku is a registered investment advisor at Mjs Capital INC., based in Chesterfield, MI, with 23 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Insurance Planning, Investment Management, Retirement Planning. Their firm serves 11 clients with $2.5M in assets under management.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1 advisor
Number of Clients
11 clients
Average Client Portfolio
$229K average
Assets Under Management
$2.5M
Fee Structure
Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $200K | 2.00% |
| $200K - $500K | 1.00% |
| $500K - $1.0M | 0.50% |
| $1M+ | 0.35% |
Fees are negotiable and based on assets managed.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
Chesterfield, MI
Get directionsHistory
Regulatory History (2)
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Regulatory
August 2001Final
Criminal
April 2000Final Disposition
Employment History
Current Registrations
Mjs Capital INC.
November 2010 - Present · 15 yrs 6 mos
Previous Registrations
Morgan Stanley Dw INC.Broker
March 1996 - June 2001 · 5 yrs 3 mos
Hibbard Brown & CO., INC.Broker
July 1991 - June 1994 · 2 yrs 11 mos
State Registrations1 state
MI
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.