Michael Nummer
Michael Nummer is a CFP-designated registered investment advisor at Mcn Investment Management CO., based in Troy, MI, 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 Investment Management, Retirement Planning. Their firm serves 65 clients with $90M 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 $250K | 1.00% |
| $250K - $500K | 0.75% |
| $500K - $1.0M | 0.55% |
| $1.0M - $2.5M | 0.45% |
| $2.5M+ | 0.35% |
The management fee is negotiable.
Fee Estimator
Location
3250 W Big Beaver Rd., Suite 226, Troy, MI, 48084
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 ActivitiesSells Insurance
Michael sells fixed insurance, owns MCN Investment Management Co., and is involved in cattle ownership and sales. He also co-owns rental property, owns SAS Gear Corp. (Breakers Truck & Auto Parts), and owns MMTP, LLC for commercial real estate management; each of these activities takes minimal time.
Employment History
Current Registrations
Mcn Investment Management CO.
Previous Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Wells Fargo Advisors Financial Network, LLC
Wells Fargo Advisors Financial Network, LLCBroker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
A. G. Edwards & Sons, INC.Broker
State Registrations2 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.