Michael Forrester
Michael Forrester is a CFA, CFP, ChFC-designated registered investment advisor at High Note Wealth, LLC, based in Deephaven, MN, with 14 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 275 clients with $580M 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 $500K | 1.30% |
| $500K - $1.5M | 0.85% |
| $1.5M - $2.5M | 0.80% |
| $2.5M - $3.5M | 0.75% |
| $3.5M - $5.0M | 0.70% |
| $5.0M - $7.5M | 0.60% |
| $7.5M - $10.0M | 0.50% |
| $10M+ | 0.40% |
At our discretion, we may combine the account values of family members living in the same household to determine the applicable advisory fee. For the Class 529 F-2 shares held directly with American Funds, our annual fee for portfolio management services is up to 0.20%.
Fee Estimator
Location
18258 Minnetonka Boulevard, Suite 200, Deephaven, MN, 55391-3359
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 an independent licensed insurance agent in Minnesota, selling life, health, long-term care, and disability insurance since 2011. He is also a 10% owner of One Deephaven LLC and receives rental income, dedicating minimal time to this activity.
Employment History
Current Registrations
High Note Wealth, LLC
Previous Registrations
Northwestern Mutual Investment Services,llc
Northwestern Mutual Investment Services, LLCBroker
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.