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Michael Pass

Midland Wealth Management
24 Years of Experience
Mokena, IL
1 Disclosure
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Michael Pass is a registered investment advisor at Midland Wealth Management, based in Mokena, IL, with 24 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 7 more. Their firm serves 138 clients with $3.2B in assets under management.

Midland Wealth Management
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
22 advisors
Number of Clients
138 clients
Average Client Portfolio
$22.9M average
Assets Under Management
$3.2B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Minimum Annual Fee:$500
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $3.0M0.80%
$3.0M - $5.0M0.60%
$5M+0.50%

Fixed income strategy accounts receive a 50% reduction from the standard fee schedule. Accounts with $10M or more use a separate fee schedule. Fees are negotiable on a client-by-client basis.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

11100 Front Street, Mokena, IL, 60448

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History

Regulatory History (1)
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Customer Dispute
March 2016
Denied
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Midland Wealth Management
July 2026 - Present · 3 mos
Previous Registrations
Huntington Financial Advisors
June 2018 - June 2023 · 5 yrs
The Huntington Investment CompanyBroker
June 2018 - June 2023 · 5 yrs
BMO Harris Financial Advisors, INC
October 2011 - April 2018 · 6 yrs 6 mos
BMO Harris Financial Advisors, INC.Broker
October 2011 - April 2018 · 6 yrs 6 mos
Wayne Hummer Investments L.L.C.Broker
January 2009 - October 2011 · 2 yrs 9 mos
Wayne Hummer Investments L.L.C.
January 2009 - October 2011 · 2 yrs 9 mos
Harris Investor Services, INC.
December 2005 - September 2007 · 1 yr 9 mos
Harris Investor Services, INC.Broker
December 2005 - September 2007 · 1 yr 9 mos
Harrisdirect LLC
August 2004 - December 2005 · 1 yr 4 mos
Harrisdirect LLCBroker
August 2004 - December 2005 · 1 yr 4 mos
Banc One Securities CorporationBroker
January 2004 - August 2004 · 7 mos
Banc One Securities Corporation
January 2004 - August 2004 · 7 mos
Prudential Financial Planning Services
January 2003 - January 2004 · 1 yr
Pruco Securities, LLC.Broker
August 2001 - January 2004 · 2 yrs 5 mos
Scudder Distributors, INC.Broker
July 1997 - August 2001 · 4 yrs 1 mo
State Registrations1 state
IL
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.
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Michael Pass - Financial Advisor | TrueAdvisor