Michael Heyman is a CFA-designated registered investment advisor at Heyman Investment Counseling LLC, based in San Diego, CA, with 13 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 30 clients with $96M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
If the client has their portfolio with a bank custodian such as PNC or LCNB Bank and the custodian handles trading and other administrative details then the annual fee rate is 0.25% for the assets under management. PNC bank has agreed to keep their fee rate to 40 basis points (0.40%) and LCNB will keep their fee rate to 65 basis points (0.65%) for the assets under management. If the client has their portfolio with a brokerage firm and HIC has to be more involved in trading securities the annual fee rate can be up to 40 basis points (0.40%) for the assets under management.
Fee Estimator
Location
San Diego, CA
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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.
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Michael is a partner in Landover Partners LLC, a real estate management company involved in buying, selling, and leasing real estate. He dedicates minimal time to this business, and it is unrelated to his advisory activities.
Employment History
Current Registrations
Heyman Investment Counseling LLC
State Registrations3 states
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