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Michael Bailey

21 Years of Experience
Inver Grove Heights, MN
1 DisclosureBroker

Michael Bailey is a registered investment advisor at Transamerica Retirement Advisors, LLC, based in Inver Grove Heights, MN, with 21 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 212,858 clients with $16B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
299 advisors
Number of Clients
212,858 clients
Average Client Portfolio
$76K average
Assets Under Management
$16.2B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $150K0.95%
$150K - $1000K0.90%
$1M+0.80%

You may qualify for a breakpoint fee reduction based upon certain products and/or services purchased and held through Transamerica. The fee breakpoint or discount, if attained, is applied to the entire balance of the account, not only the portion of the account that exceeds the breakpoint.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

Inver Grove Heights, MN

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History

Regulatory History (1)
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.
Judgment / Lien
September 2011
Employment History
Current Registrations
Transamerica Retirement Advisors, LLC
January 2014 - Present · 12 yrs 4 mos
Transamerica Investors Securities, LLC
January 2014 - Present · 12 yrs 4 mos
Transamerica Investors Securities, LLCBroker
January 2014 - Present · 12 yrs 4 mos
Previous Registrations
Transamerica Financial Advisors, INC.
June 2011 - December 2013 · 2 yrs 6 mos
Transamerica Financial Advisors, INCBroker
June 2011 - December 2013 · 2 yrs 6 mos
Ameriprise Financial Services, INC.Broker
August 2010 - May 2011 · 9 mos
Bancwest Investment Services, INC. (bwis) and Bwis D/b/a Fhis
September 2008 - June 2010 · 1 yr 9 mos
Bancwest Investment Services, INC.Broker
September 2008 - June 2010 · 1 yr 9 mos
Feltl & CompanyBroker
February 2007 - September 2008 · 1 yr 7 mos
RBC Dain Rauscher INC.
July 2004 - September 2006 · 2 yrs 2 mos
RBC Dain Rauscher INC.Broker
May 2004 - September 2006 · 2 yrs 4 mos
Primevest Financial Services, INC.Broker
May 1994 - July 1994 · 2 mos
State Registrations52 states
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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.
Michael Bailey - Financial Advisor | TrueAdvisor