Michael Barnes
Michael Barnes is a registered investment advisor at True North Advisory, LLC, based in Bowie, MD, with 15 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 4 clients with $210K 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 - $750K | 1.15% |
| $750K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.95% |
| $2.0M - $5.0M | 0.90% |
| $5M+ | 0.80% |
Fees may be negotiable.
Fee Estimator
Location
Bowie, MD
Get directionsHistory
Regulatory History (2)
Customer Dispute
January 2008Customer Dispute
July 2005Other Business ActivitiesSells Insurance
Michael works full-time as a federal police officer. He also sells life, health, and commercial insurance as an independent agent for about 10-20% of his time, and owns/operates a gun safety and permit training business for about 10-20% of his time.
Employment History
Current Registrations
True North Advisory, LLC
Previous Registrations
Tlg Advisors, INC.
Kingdomtrust Capital Management, INC.
Metlife Securities INC.
State Registrations3 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.