MK
MK

Michael Kettner

22 Years of Experience
New York, NY

Michael Kettner is a registered investment advisor at Avestar Capital, LLC, based in New York, NY, with 22 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 188 clients with $1.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12 advisors
Number of Clients
188 clients
Average Client Portfolio
$8.1M average
Assets Under Management
$1.5B

Fee Structure

Minimum Investment:$250K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.50%
$1.0M - $5.0M1.25%
$5.0M - $10.0M1.00%
$10.0M - $15.0M0.75%
$15.0M - $25.0M0.65%
$25M+0.55%

Avestar also charges a 0.02% technology fee. Additional fees apply for specific strategies: Custom Equity ETF (0.25%), Custom Liquid Alternatives ETF (0.25%), Custom Fixed Income ETF (0.15%), Options Overlay Strategies (0.50%), Single Stock Custom Options Strategies (0.70%), and Model Delivered Strategies (0.10%).

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

400 Madison Avenue, Floor 21, New York, NY, 10017

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business Activities

Michael is the owner of MCK Wealth Management, a personal DBA for tax purposes, since January 2021. This activity is not investment-related and requires minimal time.

Employment History
Current Registrations
Avestar Capital, LLC
May 2022 - Present · 4 yrs
Previous Registrations
Kestra Advisory Services, LLC
April 2016 - May 2022 · 6 yrs 1 mo
NFP Advisor Services, LLC
July 2014 - September 2016 · 2 yrs 2 mos
Kestra Investment Services, LLCBroker
July 2014 - May 2022 · 7 yrs 10 mos
Citigroup Global Markets INC.Broker
November 2012 - July 2014 · 1 yr 8 mos
Citigroup Global Markets INC.
November 2012 - July 2014 · 1 yr 8 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
June 2011 - November 2012 · 1 yr 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2011 - November 2012 · 1 yr 6 mos
J.P. Morgan Securities LLCBroker
August 2010 - February 2011 · 6 mos
Merrill Lynch Professional Clearing CORP.Broker
January 2008 - April 2009 · 1 yr 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 1999 - August 2005 · 6 yrs 2 mos
Royce Investment Group, INC.Broker
June 1996 - August 1996 · 2 mos
State Registrations1 state
NY
Advisor

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.

Exams
No exam information available for this advisor.