Michael Hill
Michael Hill is a registered investment advisor at Osaic Wealth, INC., based in Fairfield, TX, with 27 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, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.
- Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
- Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
- Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.
Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.
Location
900 W Commerce, Fairfield, TX, 75840
Get directionsHistory
Regulatory History (5)
Customer Dispute
April 2019Customer Dispute
March 2014Customer Dispute
April 2012Customer Dispute
December 2001Regulatory
September 1998Other Business Activities
Michael is the sole owner of Four Hills Real Estate, LLC, collecting rents from tenants and buying additional property, and a part owner of Union 28 Taphouse, a restaurant and wine tasting room. He also owns Hill Financial Group (a DBA), Wealth Advisory Council (an LLC for business checking), and Hill/Tyler LLC (land investment with his uncle), dedicating minimal time to each of these activities.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Sagepoint Financial, INC.
Sagepoint Financial, INC.Broker
Berthel Fisher & Company Financial Services, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Laradorbecker Asset Management Corporation
Laradorbecker Securities CorporationBroker
The (wilson) Williams Financial GroupBroker
Northstar Securities, INC.Broker
Dominion Capital CorporationBroker
State Registrations20 states
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.