Michael Koenig is a CFP-designated registered investment advisor at Firstrust, based in Daytona Beach, FL, with 27 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 128 clients with $200M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FirsTrust offers investment management services for a flat percentage fee based on the scope of services chosen. The fee is calculated quarterly in advance based on the market value of your investments at the end of the prior quarter.
The annual fee percentages are:
- Under $1 million: 0.85% for investment management only, with additional fees for tax and financial planning services.
- $1-3 million: 0.75% for investment management only, with additional fees for tax and financial planning services.
- $3-5 million: 0.65% for investment management only, with additional fees for tax and financial planning services.
- $5-10 million: 0.55% for investment management only, with additional fees for tax and financial planning services.
- $10-20 million: Negotiable
- $20 million+: Negotiable
A minimum fee may apply.
Contact
Michael Koenig
Location
113 Executive Circle, Daytona Beach, FL, 32114
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Firstrust
State Registrations2 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.
Exams
Additional Information
Michael Koenig entered the financial service industry in 1988 and is the Founding Partner of FirsTrust, LLC. He completed a bachelor's degree in psychology at the University of Maryland, a 2-year graduate certificate in finance at George Washington University, a Juris Master of Law degree from Florida State Univ. College of Law, an associate of the American Bar Association, and holds the CERTIFIED FINANCIAL PLANNER (tm) certification through the College for Financial Planning in Denver, CO.