Michael Freedman
Michael Freedman is a CFP, ChFC-designated registered investment advisor at Wealthcare Advisory Partners LLC, based in Boca Raton, FL, with 33 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 9,142 clients with $6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
WCAP offers investment management services where fees are based on a percentage of the assets they manage. The specific percentage can be up to 1.85% annually, depending on factors like the types of investments, the size of your account, and any special reporting or restrictions. Fees are generally paid quarterly, in advance. WCAP may offer discounted rates to employees, their families, and very high net worth clients. If WCAP uses independent managers, your overall fees will include WCAP's fee plus the manager's fees. WCAP also offers a wrap fee program where transaction costs are included in the overall advisory fee.
Location
Boca Raton, FL
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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 ActivitiesSells Insurance
Michael is affiliated with Innovative Financial Solutions, Inc. selling fixed annuities, life, health, disability, LTC, and P&C insurance, dedicating about 70% of his time to this. He also has a tax practice, tax prep and planning, and bookkeeping, taking about 10% of his time.
Employment History
Current Registrations
Wealthcare Advisory Partners LLC
LPL Financial LLCBroker
Previous Registrations
Independent Financial Partners
LPL Financial LLC
Independent Financial Partners
Merrimac Asset Management
Merrimac Corporate Securities, INC.Broker
Allen Douglas Securities, INC.Broker
Investors Capital CORP.Broker
Nylife Securities INC.Broker
Signator Investors, INC.Broker
Jefferson-Pilot Investor Services, INC.Broker
Investacorp, INC.Broker
State Registrations19 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.