Michael Marchese
Michael Marchese is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Hyannis, MA, 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $750K | 2.25% |
| $750K - $1.0M | 2.00% |
| $1.0M - $2.0M | 1.75% |
| $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
Location
540 Main Street, Suite 16A, Hyannis, MA, 02601
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is involved in several business activities, including fixed insurance sales, Axial Financial Network LLC, Axial Insurance Group LLC (life and health insurance), Axial Capital Management LLC (securities and rental income), Pinnacle Capital Management Inc. (securities), and Pinnacle Tax Service LLC. He dedicates about 10-20% of his time to fixed insurance sales and Axial Insurance Group, and about a quarter of his time to Pinnacle Capital Management Inc.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
Citigroup Global Markets INC.Broker
Prudential Securities IncorporatedBroker
State Registrations35 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
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