Michael Mainland is a CFP-designated registered investment advisor at Mainland Financial, based in Sarasota, FL, with 24 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, Tax Planning. Their firm serves 27 clients with $43M 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 $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K - $1.0M | 0.95% |
| $1.0M - $5.0M | 0.85% |
| $5M+ | 0.75% |
Schedule applies to assets other than cash and cash equivalents. Cash and cash equivalents are charged 0.50%. Minimum annual fee of $12,000 for new accounts.
Fee Estimator
Location
6151 Lake Osprey Dr, Third Floor, Sarasota, FL, 34240
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 →Employment History
Current Registrations
Mainland Financial
State Registrations2 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.