Sheel Desai
Sheel Desai is a registered investment advisor at J.P. Morgan Securities LLC, based in Bloomfield Hills, MI, with 27 years of industry experience. Sheel is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning, Socially Responsible Investing. Their firm serves 1,246,646 clients with $430B 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 $250K | 0.60% |
| $250K+ | 0.50% |
Clients with $1,000,000 or more as of May 31, 2024, continue to pay 0.40%.
Fee Estimator
Location
4860 W. Maple Rd., Bloomfield Hills, MI, 48301
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2020Customer Dispute
November 2016Other Business Activities
Sheel is a board member and treasurer of the Novi Parks Foundation since 2019, focusing on park enhancements. Sheel spends minimal time on this role, primarily remitting payments and preparing balance statements.
Employment History
Current Registrations
J.P. Morgan Securities LLC
J.P. Morgan Securities LLCBroker
Previous Registrations
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Banc One Securities CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations19 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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