Michael Riley is a CFP, ChFC-designated registered investment advisor at Simplicity Wealth, based in Ocala, FL, with 32 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 5,619 clients with $3.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Simplicity Wealth's fees are based on a percentage of your assets under management, ranging from 0.10% to 2.00%. The specific fee depends on the services selected by your advisor. The fees cover investment management, research, monitoring, and other operational services. Additional fees may include model manager fees, custodial fees, and transaction fees. Simplicity Wealth also offers proprietary model portfolios.
Location
7500 SW 61st Ave, Suite 700, Ocala, FL, 34476
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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 the president of Estate & Retirement Resources, offering estate and financial planning and fixed insurance products, including index annuities, dedicating a few hours per week. He also serves on the board of trustees for Academy at the Lakes, is involved with AEEA Riley Family LLC, is an advisor board member for The Salvation Army, and serves as Vice President for The Jasmine Professional Park Association, Inc., all requiring minimal time.
Employment History
Current Registrations
Simplicity Wealth
The Leaders Group, INC.
The Leaders Group, INC.Broker
Previous Registrations
Mutual Trust Asset Mgmt., INC.
Calton & Associates, INC.Broker
Mutual Trust Asset Mgmt., INC.
Mutual Trust Asset Mgmt., INC.
Mutual Trust Company of America SecuritiesBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations6 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.