MM
CFP
MM
CFP

Michael Mclenigan

29 Years of Experience
Fairfax, VA

Michael Mclenigan is a CFP-designated registered investment advisor at Professional Financial Solutions, LLC, based in Fairfax, VA, 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 Education Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 279 clients with $410M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6 advisors
Number of Clients
279 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$409.7M

Fee Structure

Minimum Investment:$500K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $2.0M0.50%
$2M+0.25%

Fees are not negotiable. No fee is charged on employer retirement plans, 529 plans, or money market investments in taxable accounts.

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

MM
Michael Mclenigan

Location

10517A West Drive, Fairfax, VA, 22030

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Professional Financial Solutions, LLC
May 1997 - Present · 29 yrs 5 mos
State Registrations1 state
VA
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.
Additional Information

Persona Data:Michael McLenigan earned a degree in Finance from Virginia Tech in 1986 and an MBA from Virginia Tech in 1995.He is active in the community primarily in support of his three teenage children.Michael is an active member in his church, is a boy scout leader and a track and cross country coach.

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Michael Mclenigan