MH
MH

Michael Hecht

28 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 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 Estate Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 142,225 clients with $44B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
930 advisors
Number of Clients
142,225 clients
Average Client Portfolio
$312K average
Assets Under Management
$44.3B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Maximum annual fee is 2.00%, negotiable based on assets, account composition, and complexity.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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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 10 mos
LPL Financial LLCBroker
September 2007 - Present · 19 yrs 1 mo
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.
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