John Micklitsch

14 Years of Experience

Sells Insurance

John Micklitsch is a registered investment advisor at Ancora Advisors LLC, based in Mayfield Heights, OH, with 14 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 313 clients with $4.5B in assets under management.

Ancora Advisors LLC

Compensation

Fee-Only (% of Portfolio)Fixed/Hourly

Firm Size

10 advisors

Number of Clients

313 clients

Average Client Portfolio

$14.3M average

Assets Under Management

$4.5B

Fee Structure

Minimum Investment:$1M

Investment management only (planning not offered)

Ancora Advisors charges a percentage of the assets they manage for investment management services. The specific percentage depends on the type of investment strategy used and the amount of assets managed.

Equity Managed Strategies

Under $10 million: 1.00%
$10 million to $20 million: 0.90%
$20 million to $50 million: 0.80%
Over $50 million: 0.70%

Fixed Income Managed Strategies

On the first $1 million: 0.75%
On the next $2 million: 0.50%
On the next $2 million: 0.40%
On the next $5 million: 0.30%
On the next $10 million: 0.20%
Over $20 million: Negotiable

Managed Allocation Strategies

On the first $1 million: 1.00%
On the next $2 million: 0.70%
On the next $2 million: 0.60%
On the next $5 million: 0.50%
On the next $10 million: 0.40%
Over $20 million: Negotiable

Fees are calculated on a progressive basis. Advisory fees are negotiable in certain instances. Ancora may reduce or waive its fees for organizations qualifying under 501C(3) of the IRS Code.

View Full SEC Brochure

Location

6060 Parkland Boulevard, Suite 200, Mayfield Heights, OH, 44124

Get directions

History

Regulatory History

Clean regulatory record

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.

Other Business ActivitiesSells Insurance

John is a director of Biltmore Trust and Biltmore Insurance, receiving no compensation for these roles. The time commitment is not specified.

Employment History

Current Registrations

Ancora Advisors LLC

August 2011 - Present · 14 yrs 8 mos

State Registrations1 state

Advisor

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.