MH
MH

Michael Hecht

27 Years of Experience
Cranford, NJ
3 DisclosuresBrokerSells Insurance

Michael Hecht is a registered investment advisor at Private Advisor Group, LLC, based in Cranford, NJ, with 27 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Retirement Planning. Their firm serves 137,723 clients with $41B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
753 advisors
Number of Clients
137,723 clients
Average Client Portfolio
$300K average
Assets Under Management
$41.4B

Fee Structure

Private Advisor Group offers investment management services where fees are based on a percentage of the value of your investments. The exact percentage is negotiable, up to a maximum of 2.00% per year, and is charged quarterly. Clients also pay brokerage commissions and transaction fees to the custodian. The firm may also charge a flat fee or an hourly fee for specific services.

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Location

333 Stoughton Avenue, Cranford, NJ, 07016

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
May 2024
Denied
Employment Separation After Allegations
March 2005
Customer Dispute
May 2001
Denied
Other Business ActivitiesSells Insurance

Michael operates his LPL business through CE Financial, LLC, and also works with Private Advisor Group as a registered investment advisor, dedicating about half of his time. He also works as an independent contractor for Integrated Financial Concepts selling non-variable insurance, spending a few hours per week.

Employment History
Current Registrations
Private Advisor Group, LLC
December 2014 - Present · 11 yrs 5 mos
LPL Financial LLCBroker
September 2007 - Present · 18 yrs 8 mos
Previous Registrations
LPL Financial LLC
September 2007 - October 2015 · 8 yrs 1 mo
1717 Capital Management Company
April 2005 - September 2007 · 2 yrs 5 mos
1717 Capital Management CompanyBroker
March 2005 - September 2007 · 2 yrs 6 mos
UBS Financial Services INC.
May 2002 - March 2005 · 2 yrs 10 mos
UBS Financial Services INC.Broker
August 1998 - March 2005 · 6 yrs 7 mos
State Registrations21 states
AZCACTDEFLGAIAMAMINCNHNJNVNYOHPASCTNTXVAWY
AdvisorBrokerBoth

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.