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Michael Stone

Commonwealth Financial Network
28 Years of Experience
Carrollton, GA
1 DisclosureBrokerSells Insurance
View SEC Summary
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Michael Stone is a registered investment advisor at Commonwealth Financial Network, based in Carrollton, GA, 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 Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

551 Newnan Street, Carrollton, GA, 30117

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History

Regulatory History (1)
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.
Employment Separation After Allegations
June 2010
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael sells fixed insurance products and owns an operating company that facilitates securities, advisory, and insurance business. He also owns Milestone Holdings, LLC, which manages residential and commercial property, dedicating minimal time to this activity.

Employment History
Current Registrations
Commonwealth Financial Network
November 2018 - Present · 7 yrs 11 mos
Commonwealth Financial NetworkBroker
November 2018 - Present · 7 yrs 11 mos
Previous Registrations
Ifg Advisory, LLC
January 2014 - December 2018 · 4 yrs 11 mos
Ifg Advisory, LLC
January 2014 - August 2014 · 7 mos
Independent Financial Partners
August 2010 - January 2014 · 3 yrs 5 mos
LPL Financial LLCBroker
July 2010 - December 2018 · 8 yrs 5 mos
Edward Jones
January 2008 - June 2010 · 2 yrs 5 mos
Edward JonesBroker
January 1998 - June 2010 · 12 yrs 5 mos
State Registrations9 states
ALCAFLGALAMEMSNCVA
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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