Michael Kitces is a CFP, ChFC-designated registered investment advisor at Focus Partners Wealth, LLC, based in Reston, VA, with 19 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 14 more. Their firm serves 62,466 clients with $180B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Focus Partners charges an annual fee based on a percentage of your portfolio value, generally up to 1.25%, with a minimum annual fee of $5,000. Fees are typically billed quarterly in advance and vary depending on the amount of assets managed, the scope of services, and the specific relationship history. In addition to the main management fee, certain specialized strategies carry additional charges: the Options Income Overlay and Index Income Overlay strategies charge an annual fee of 0.75% on the notional value target, and the TrendWise strategy charges an additional 0.25% per year over the standard management rate.
Location
Reston, VA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is involved in several non-investment related businesses, including Kitces.com, XY Planning Network, AdvicePay, New Planner Recruiting, and fpPathFinder. These activities involve writing, speaking, providing continuing education, helping advisors launch firms, providing a fee collection platform, a recruiting platform, and interactive flowcharts for financial planning, taking up a significant amount of his time.
Employment History
Current Registrations
Focus Partners Wealth, LLC
Previous Registrations
Buckingham Strategic Wealth, LLC
Pinnacle Advisory Group, INC.
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.
Exams
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