Michael Carpenter
Michael Carpenter is a CFP-designated registered investment advisor at Integrity Alliance, LLC, based in Athens, OH, with 31 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. Their firm serves 14,148 clients with $2.4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Integrity Alliance offers investment management through various programs.
Edge Program:
- Fees include a program fee (up to 0.35% annually), an advisor fee (up to 2.00% annually), and potential third-party sub-advisor fees.
Select Program:
- Fees range from 1.00% to 2.80% annually on the first $1,000,000, 1.00% to 2.20% on the next $2,000,000, and 0.50% to 1.75% on assets over $3,000,000.
- A 0.10% trading platform fee is added to the maximum account fee for accounts with the broker-dealer arm.
Fees are assessed on all assets, including cash and money market balances. Margin accounts may incur additional fees. Fees are typically charged quarterly in advance, pro-rated for mid-quarter openings, and adjusted for significant deposits or withdrawals.
Location
92 N. Court Street, Suite 101, Athens, OH, 45701
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 refers health insurance leads, is a committee member for The Athens Foundation, and a board/fundraising member for Habitat for Humanity, each taking minimal time. He also sells LTC insurance, annuities, fixed indexed annuities, and life DI for Unum Provident, and is the President/Principal/Owner of Carpenter & Associates Financial and Advisory Services, LLC, Carpenter & Associates, and Lexaurum Advisors, dedicating full-time hours to each. Finally, Michael is an adjunct instructor at Ohio University College of Business, spending about 10-20% of his time teaching a financial planning class.
Employment History
Current Registrations
Integrity Alliance, LLC.Broker
Lexaurum Advisors
Previous Registrations
Broker Dealer Financial Services CORP.Broker
Vsr Financial Services, INC.Broker
Vsr Advisory Services
Mutual Service Corporation
Mutual Service CorporationBroker
State Registrations14 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.