Michael Relyea
Michael Relyea is a registered investment advisor at Charles Schwab & CO., INC., based in Chicago, IL, with 24 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
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
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
Location
150 S Wacker Drive, Chicago, IL, 60606
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 works as an insurance agent for Lakeshore Financial and National Life, starting in January 2022. These activities are investment-related and take nearly full-time hours.
Employment History
Current Registrations
Charles Schwab & CO., INC.Broker
Schwab Wealth Advisory, INC.
Previous Registrations
Equity Services, INC.Broker
Esi Financial Advisors
Allstate Financial Advisors, LLC
Allstate Financial Services, LLCBroker
Sei Investments Management CORP
Sei Investments Distribution CO.Broker
Goldman, Sachs & CO.Broker
Fifth Third Securities, INC.
Fifth Third Securities, INC.Broker
Allstate Distributors, L.L.C.Broker
Van Kampen Funds INC.Broker
State Registrations12 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.