MK
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Michael Krasco

26 Years of Experience
Boston, MA
1 DisclosureBrokerSells Insurance

Michael Krasco is a registered investment advisor at Flagship Harbor Advisors, LLC, based in Boston, MA, with 26 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, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 7,373 clients with $3.4B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
62 advisors
Number of Clients
7,373 clients
Average Client Portfolio
$464K average
Assets Under Management
$3.4B

Fee Structure

Planning is included in investment management (also available separately)

Flagship Harbor Advisors charges an annual fee based on a percentage of the market value of your investments. This fee generally ranges from 0.25% to 2.0%. The exact fee depends on factors like the representative assigned to your account, the amount you invest, and the complexity of your situation. Clients can choose to have fees deducted from their accounts or billed directly.

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Location

346 Commercial Street, Boston, MA, 02109

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History

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
March 2013
Denied
Other Business ActivitiesSells Insurance

Michael operates Flagship Harbor Advisors as a DBA for his LPL business and as a registered investment advisor, dedicating most of his time to these activities. He also works as an insurance agent offering fixed annuities and fixed insurance, spending minimal time on this. Additionally, Michael is involved with Cameron Real Estate Group Inc. providing mortgage/real estate services, spending a few hours per week.

Employment History
Current Registrations
Flagship Harbor Advisors, LLC
September 2014 - Present · 12 yrs
LPL Financial LLCBroker
September 2014 - Present · 12 yrs
Previous Registrations
Commonwealth Financial Network
April 2014 - August 2014 · 4 mos
Commonwealth Financial NetworkBroker
January 2009 - August 2014 · 5 yrs 7 mos
Ameriprise Financial Services, INC.Broker
September 1999 - January 2009 · 9 yrs 4 mos
Ids Life Insurance CompanyBroker
September 1999 - July 2006 · 6 yrs 10 mos
State Registrations13 states
AZCACOCTFLGAMAMENHNYRITXVA
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.