Michael Cutbirth
Michael Cutbirth is a CFP, ChFC-designated registered investment advisor at Walter J. Reyna, INC., based in Mcallen, TX, with 30 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 313 clients with $75M 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 $150K | 2.00% |
| $150K - $500K | 1.70% |
| $500K - $1000K | 1.50% |
| $1.0M - $2.5M | 1.20% |
| $2.5M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.55% |
| $10M+ | 0.50% |
The firm may charge clients a different fee schedule for portfolios consisting of equity and fixed income securities, to be negotiated on a case-by-case basis.
Fee Estimator
Location
5315 N. Mccoll, Mcallen, TX, 78504
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 ActivitiesSells Insurance
Michael is an agent for College Planning Essentials, providing college funding workshops, and spends a few hours per week on this. He also sells fixed annuities, life, and health insurance products, dedicating minimal time to this activity. Finally, he is involved with Walter J. Reyna, Inc. as a registered investment advisor, taking about 10-20% of his time.
Employment History
Current Registrations
Walter J. Reyna, INC.
J.W. Cole Financial, INC.Broker
Previous Registrations
Oneamerica Securities, INC.Broker
Oneamerica Securities, INC.
Premium 72 Capital
R.M. Stark & CO., INC.Broker
Lincoln Financial Securities Corporation
Lincoln Financial Securities CorporationBroker
Compass Brokerage, INC.
Compass Brokerage, INC.Broker
Mony Securities CorporationBroker
Linsco/private Ledger CORP.
Linsco/private Ledger CORP.Broker
Wells Fargo Investments, LLC
Marquette Financial Group, INC.
Wells Fargo Investments, LLCBroker
Marquette Financial Group, INC.Broker
CUNA Brokerage Services, INC.Broker
W. S. Griffith & CO., INC.Broker
Signal Securities, INC.Broker
Manequity, INC.Broker
Cadaret, Grant & CO., INC.Broker
H.D. Vest Investment Securities, INC.Broker
State Registrations1 state
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.