MK
CFP
MK
CFP
Michael Kortfelt
25 Years of Experience
Indianapolis, IN
1 DisclosureBroker
Michael Kortfelt is a CFP-designated registered investment advisor at Charles Schwab & CO., INC., based in Indianapolis, IN, with 25 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning.
Compensation
Fixed/Hourly
Firm Size
8109 advisors
Number of Clients
Not specified
Average Client Portfolio
Not specified
Fee Structure
Planning is included in investment management
Minimum Annual Fee:$1,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.30% |
| $25M+ | 0.30% |
Fee schedule effective October 1, 2024. Clients enrolled prior to this date may have grandfathered fee schedules. Fees may be negotiable for assets over $25 million.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...
Location
8332 Woodfield Crossing Blvd, Indianapolis, IN, 46240-2482
Get directionsHistory
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.
Customer Dispute
February 2016Settled
Employment History
Current Registrations
Charles Schwab & CO., INC.Broker
July 2014 - Present · 11 yrs 10 mos
Schwab Wealth Advisory, INC.
July 2014 - Present · 11 yrs 10 mos
Previous Registrations
Essex National Securities, INC.
January 2012 - August 2012 · 7 mos
Essex National Securities, LLCBroker
January 2012 - May 2014 · 2 yrs 4 mos
LPL Financial LLCBroker
November 2010 - January 2012 · 1 yr 2 mos
LPL Financial LLC
November 2010 - January 2012 · 1 yr 2 mos
Fifth Third Securities, INC.
September 2006 - July 2009 · 2 yrs 10 mos
Fifth Third Securities, INC.Broker
September 2006 - July 2009 · 2 yrs 10 mos
Natcity Investments, INC.
June 2006 - September 2006 · 3 mos
Natcity Investments, INC.Broker
April 2003 - September 2006 · 3 yrs 5 mos
Merrill Lynch Pierce Fenner & Smith INC.
January 2002 - April 2003 · 1 yr 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
March 1999 - April 2003 · 4 yrs 1 mo
State Registrations27 states
CACOCTFLGAHIILINMAMEMNNCNDNHNJNVNYOHPARISCTXUTVAVTVirgin IslandsWA
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.