Michael Koob
Michael Koob is a registered investment advisor at Koob Wealth Management, LLC, based in White Bear Township, MN, with 34 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 133 clients with $170M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Koob Wealth Management charges a percentage of your portfolio each year for investment management. The exact fee is negotiable and depends on factors like the type of client and the complexity of their situation. The annual fee will be between 0.20% and 1.00%. There is a minimum account size of $15,000. You can have the fees deducted from your account or pay them directly.
Location
4517 Allendale Drive, White Bear Township, MN, 55127
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
November 1994Other Business ActivitiesSells Insurance
Michael provides investment advisory services through Koob Wealth Management, spending nearly full-time on this activity. He is also a life insurance agent, dedicating minimal time to this.
Employment History
Current Registrations
Koob Wealth Management, LLC
LPL Financial LLCBroker
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
Piper Jaffray & CO.Broker
Prudential Securities IncorporatedBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations8 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.