Michael Mcclimon is a registered investment advisor at Fmsa, based in Clive, IA, with 29 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 1,291 clients with $220M 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 $100K | 2.50% |
| $100K - $250K | 1.98% |
| $250K - $750K | 1.50% |
| $750K - $1000K | 1.25% |
| $1M+ | 1.00% |
Fees are negotiable for accounts.
Fee Estimator
Location
7400 University Ave, Ste E, Clive, IA, 50325
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 with Insurance Network America, selling life insurance and annuities, dedicating a few hours per week. He also owns and operates a tax service and a FAFSA assistance service, spending about a quarter of his time on tax services and about 10-20% of his time on FAFSA assistance.
Employment History
Current Registrations
Fmsa
Previous Registrations
Gwn Securities INC.
Gwn Securities INC.Broker
Money Concepts Capital CORP
Money Concepts Capital CORPBroker
Metlife Securities INC.
Security First Financial, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
Intersecurities, INC.Broker
Aegon USA Securities INC.Broker
Security First Financial, 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.