Michael Forte
Michael Forte is a registered investment advisor at Charles Schwab & CO., INC., based in Schaumburg, IL, with 28 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 3 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.30% |
| $25M+ | 0.30% |
Fees for assets over $25 million are negotiable. A grandfathered schedule exists for clients enrolled prior to October 1, 2024.
Fee Estimator
Location
1160 N Plaza Drive, Schaumburg, IL, 60173
Get directionsHistory
Regulatory History (3)
Customer Dispute
November 2002Customer Dispute
August 2000Customer Dispute
March 2000Other Business Activities
Michael owns multiple rental properties in California and Florida since 2010, 2013 and 2012 respectively. He dedicates minimal time to these activities.
Employment History
Current Registrations
Charles Schwab & CO., INC.
Charles Schwab & CO., INC.Broker
Previous Registrations
Charles Schwab & CO., INC.
Dean Witter Reynolds INC.Broker
State Registrations27 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
More Advisors
- Sheila Gugliuzza, CFP, ChFCCharles Schwab & CO., INC.
- Thomas Erffmeyer, CFPCharles Schwab & CO., INC.
- Brennan Miller, CFPCharles Schwab & CO., INC.
- Dominic Colletti, CFPMercer Global Advisors INC.
- Ryan Linenger, CFPPlante Moran Financial Advisors
- Roger Smith, CFPEdward Jones