Michelle Parker is a registered investment advisor at First Trust Advisors LP, based in Wheaton, IL, with 28 years of industry experience. Michelle operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 5,033 clients with $260B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
First Trust Advisors (FTA) provides investment advice through separately managed accounts (SMAs). The fees for these services are listed in the FTA Fee Schedule. These fees do not include custody, trade execution, or other account service fees. Clients may also indirectly bear the expenses of funds their SMAs invest in. The advisory fees are assessed quarterly, generally in advance, but may be assessed in arrears for certain wrap programs. Refunds are prorated if an SMA is closed before the end of a quarter, but may not be refunded if closed in the last 30 days of a quarter.
Location
120 E. Liberty Drive, Suite 400, Wheaton, IL, 60187
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michelle owns Miller Concrete Construction, Inc. and performs office functions, dedicating about 10-20% of her time, but none during market hours. She also owns P & M Sewer and Water, Inc. and performs office functions, but spends minimal time on this activity.
Employment History
Current Registrations
First Trust Advisors LP
First Trust Portfolios L.P.Broker
State Registrations1 state
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