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Michael Degolier

Commonwealth Financial Network
32 Years of Experience
Austin, TX
3 DisclosuresBrokerSells Insurance
View SEC Summary
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Michael Degolier is a registered investment advisor at Commonwealth Financial Network, based in Austin, TX, with 32 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

9442 Capital of Texas Highway North, Plaza 1, Suite 500, Austin, TX, 78759

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
November 2001
Denied
Criminal
July 1986
Final Disposition
Criminal
April 1984
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is involved with Fixed Insurance under the DBA Evergreen Wealth Management, Inc., handling sales from a branch location. He also owns Evergreen Wealth Management, Inc., an entity created to process operating expenses of his securities business.

Employment History
Current Registrations
Commonwealth Financial Network
July 2009 - Present · 17 yrs 3 mos
Commonwealth Financial Network
July 2009 - Present · 17 yrs 3 mos
Commonwealth Financial NetworkBroker
July 2009 - Present · 17 yrs 3 mos
Previous Registrations
Oppenheimer & CO. INC.
April 2009 - July 2009 · 3 mos
Oppenheimer & CO. INC.Broker
March 2009 - July 2009 · 4 mos
Stanford Group CompanyBroker
September 2008 - March 2009 · 6 mos
Stanford Group Company
September 2008 - March 2009 · 6 mos
Banc of America Investment Services, INC.Broker
January 1998 - October 2008 · 10 yrs 9 mos
Banc of America Investment Services, INC.
January 1998 - October 2008 · 10 yrs 9 mos
NationssecuritiesBroker
September 1994 - January 1998 · 3 yrs 4 mos
U.S. Securities Clearing CORP.Broker
October 1993 - July 1994 · 9 mos
Flemming, Anderson, Cohen & Lee, INC.Broker
October 1993 - October 1993 · 0 mos
State Registrations3 states
ARMNTX
AdvisorBrokerBoth

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.
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