Michal Fraser
Michal Fraser is a registered investment advisor at USA Financial Securities Corporation, based in Chesapeake, VA, with 20 years of industry experience. Their practice areas include Retirement Planning. Their firm serves 1,750 clients with $300M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
USA Financial Securities offers two advisory account management options:
- Transaction-based pricing: You pay a lower custodial and administrative fee, plus individual transaction fees.
- Asset-based pricing: You pay a higher custodial and administrative fee that includes transaction costs. This is best for clients who anticipate moderate to high levels of trading activity.
Representatives may also provide access to third-party money managers. The fees for these managers vary and are disclosed in their own brochures. Representatives may also offer customized financial strategies with varying fee structures, detailed in the representative's disclosure supplement. The maximum management fee charged by USA Financial Securities is 2.7%.
Location
870 Greenbrier Circle. Tower ll Suite #405, Chesapeake, VA, 23320
Get directionsHistory
Regulatory History (1)
Criminal
December 1993Other Business ActivitiesSells Insurance
Michal is the owner of Legacy Planning LLC, working as an investment advisor representative and financial planner, dedicating about 10-20% of their time during trading hours. Michal also volunteers with the Norfolk Cosmopolitan Club and sells insurance products, including health insurance, Medicare supplements, and annuities, dedicating minimal time to the latter.
Employment History
Current Registrations
USA Financial Securities Corporation
Previous Registrations
Interactive Financial Advisors
State Registrations6 states
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.