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Michael Mclellan

13 Years of Experience
Frisco, TX
Broker

Michael Mclellan is a registered investment advisor at Empower Advisory Group, LLC, based in Frisco, TX, with 13 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 250,707 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1613 advisors
Number of Clients
250,707 clients
Average Client Portfolio
$635K average
Assets Under Management
$159.1B

Fee Structure

Planning is included in investment management
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K0.50%
$100K - $250K0.40%
$250K - $400K0.30%
$400K+0.20%

EAG reserves the right to offer discounted fees or waive periodic fees.

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

Frisco, TX

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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
Empower Financial Services, INC.
November 2019 - Present · 6 yrs 6 mos
Empower Advisory Group, LLC
November 2019 - Present · 6 yrs 6 mos
Empower Financial Services, INC.Broker
November 2019 - Present · 6 yrs 6 mos
Previous Registrations
Fisher Investments
August 2019 - October 2019 · 2 mos
USAA Investment Management Company
January 2018 - August 2019 · 1 yr 7 mos
USAA Financial Planning Services
November 2017 - January 2018 · 2 mos
USAA Financial Advisors, INC.Broker
October 2017 - August 2019 · 1 yr 10 mos
PFS Investments INC.Broker
February 2017 - September 2017 · 7 mos
Glp Investment Services, LLCBroker
January 2016 - January 2017 · 1 yr
Strategic Advisers, INC.
December 2014 - February 2015 · 2 mos
Fidelity Brokerage Services LLCBroker
October 2014 - February 2015 · 4 mos
Morgan Keegan & Company, INC.Broker
September 2000 - August 2001 · 11 mos
Fidelity Investments Institutional Services Company, INC.Broker
September 1997 - June 2000 · 2 yrs 9 mos
State Registrations1 state
TX
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.