Michael Grosso
Michael Grosso is a registered investment advisor at J.P. Morgan Securities LLC, based in Monroe, NY, 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 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
845 Rte. 17M, Suite 10, Monroe, NY, 10950
Get directionsHistory
Regulatory History (1)
Customer Dispute
April 2015Other Business Activities
Michael is the contact person for two condos owned by his parents, Rosedale Ocean 6Z LLC and Revere Blue 507 LLC, since 2022. He dedicates minimal time to these real estate activities.
Employment History
Current Registrations
J.P. Morgan Securities LLCBroker
J.P. Morgan Securities LLC
Previous Registrations
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
State Registrations24 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.