Michael Ernst is a registered investment advisor at Cleveralpha, based in Manhattan Beach, CA, with 10 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 55 clients with $28M 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 $5K | Included |
| $5K+ | 0.25% |
Digital Service (Robo-Advisor): Account Values from $0 to $5,000: $1.00 per month. Account Values greater than $5,000: 0.25% per annum. Premium Service (AI Tax-Optimization): All Account Values: Up to 0.50% per annum. Management fees may be lower under specific circumstances, such as when CleverAlpha is acting in a sub-advisory capacity or for High Net Worth and Institutional accounts with assets exceeding $1 million.
Fee Estimator
Location
1334 Parkview Avenue, #100, Manhattan Beach, CA, 90266
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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 the CEO of Guardian Precious Metals, Inc., a precious metals company, but does not dedicate time during trading hours. He is also a managing member and investment adviser representative at Ernst Wealth Management, dedicating full-time hours to providing investment management services. Additionally, Michael consults on wealth management practices for CleverAlpha Asset Management, LLC, spending minimal time and is currently uncompensated.
Employment History
Current Registrations
Cleveralpha
Ernst & CO. Wealth Management, LLC
State Registrations1 state
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