Michael Legette is a registered investment advisor at Charles Schwab & CO., INC., based in Cary, NC, with 25 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.30% |
| $25M+ | 0.30% |
Fee schedule effective October 1, 2024. Clients enrolled prior to this date may have grandfathered fee schedules. Fees may be negotiable for assets over $25 million.
Fee Estimator
Location
223 Weston Parkway, Cary, NC, 27513
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 Activities
Michael is a motivational speaker for religious and community-based organizations, discussing personal finance and careers in financial services. He dedicates minimal time to this activity.
Employment History
Current Registrations
Charles Schwab & CO., INC.Broker
Charles Schwab & CO., INC.
Previous Registrations
TD Ameritrade, INC.
TD Ameritrade Investment Management, LLC
TD Ameritrade, INC.Broker
Scottrade, INC.Broker
Scottrade Investment Management
Primerica Advisors
PFS Investments INC.Broker
Insight Securities, INC.
Insight Securities, INC.Broker
J.P. Morgan Securities LLCBroker
J.P. Morgan Clearing CORP.
J.P. Morgan Clearing CORP.Broker
Edward Jones
Edward JonesBroker
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
Morgan Stanley & CO., Incorporated
Morgan Stanley & CO., IncorporatedBroker
Morgan Stanley Dw INC.Broker
Pershing LLCBroker
Pershing Trading Company, L.P.Broker
Pershing LLCBroker
Dljdirect INC.Broker
Donaldson, Lufkin & Jenrette Securities CorporationBroker
Seligman Advisors, INC.Broker
Cs First Boston CorporationBroker
State Registrations16 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.