Michael Fogarty is a CFP, ChFC-designated registered investment advisor at The Foundry Financial Group, INC., based in Laconia, NH, 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 Business Owners, Charitable Giving, Education Planning, Estate Planning, and 4 more. Their firm serves 296 clients with $280M 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 $1.0M | 0.75% |
| $1.0M - $10.0M | 0.65% |
| $10M+ | 0.50% |
Fee schedule is for investment advisory services only. Clients engaged prior to October 1, 2023, may have a grandfathered fee schedule: 0.70% on the first $500,000, 0.60% on the next $1,500,000, 0.50% on the next $8,000,000, 0.40% on all assets over $10,000,000. Investment management fee schedule to include financial planning services is as follows (a minimum annual fee of $5,000 will apply): 1.00% on the first $1,000,000, 0.80% on the next $9,000,000, 0.50% on all amounts over $10,000,000. The Foundry’s investment management fee schedule for 401(k) profit-sharing plans is as follows: 0.50% on the first $3,000,000, 0.40% on the next $7,000,000, 0.30% on all amounts over $10,000,000. The Foundry’s investment management fee schedule for SIMPLE IRA accounts is as follows: 0.50% on all plan assets.
Fee Estimator
Contact
Michael Fogarty
Location
67 Water Street, Suite 101A, Laconia, NH, 03246
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Michael is the owner of AEHT LLC, a real estate business, since 2019. He spends minimal time on this activity.
Employment History
Current Registrations
The Foundry Financial Group, INC.
Previous Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
New England SecuritiesBroker
State Registrations3 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.
Exams
Additional Information
As the owner of The Foundry Financial Group, Inc. I have years of financial planning experience and a team of supporting advisors and operational staff to provide a planning experience that clients deserve.