Michael Mclenigan
Michael Mclenigan is a CFP-designated registered investment advisor at Professional Financial Solutions, LLC, based in Fairfax, VA, with 28 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, Investment Management, Retirement Planning. Their firm serves 279 clients with $410M 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 $1.0M | 1.00% |
| $1.0M - $2.0M | 0.50% |
| $2M+ | 0.25% |
These fees are not negotiable. No fee is charged against employer retirement plans or 529 educational savings accounts, or for money market investments held in a taxable account. Certain assets in client accounts will not be billed, such as cash in taxable accounts and specifically identified legacy investment positions. Exclusion of these assets can place Client assets in a higher fee rate due to the exclusion.
Fee Estimator
Contact
Michael Mclenigan
Location
10517A West Drive, Fairfax, VA, 22030
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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 →Employment History
Current Registrations
Professional Financial Solutions, LLC
State Registrations2 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.
Exams
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.