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Michael Carson

Janney Montgomery Scott LLC
25 Years of Experience
Spartanburg, SC
1 DisclosureBroker
View SEC Summary
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Michael Carson is a registered investment advisor at Janney Montgomery Scott LLC, based in Spartanburg, SC, with 25 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 Alternative Investments, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 243,808 clients with $110B in assets under management.

Janney Montgomery Scott LLC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1340 advisors
Number of Clients
243,808 clients
Average Client Portfolio
$452K average
Assets Under Management
$110.1B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.00%
$500K - $1.0M2.00%
$1.0M - $2.0M2.00%
$2.0M - $5.0M2.00%
$5.0M - $10.0M2.00%
$10.0M - $25.0M2.00%
$25M+2.00%

Fees represent maximum financial advisor fees; additional third-party manager sub-advisory fees may apply depending on the program. All fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

135 N. Church Street, Suite 130, Spartanburg, SC, 29306

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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
January 2009
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is a board member of Hope Center for Children in Spartanburg, SC, attending monthly meetings. This activity requires minimal time and is not investment related.

Employment History
Current Registrations
Janney Montgomery Scott LLCBroker
February 2022 - Present · 4 yrs 8 mos
Janney Montgomery Scott LLC
February 2022 - Present · 4 yrs 8 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
March 2009 - February 2022 · 12 yrs 11 mos
Wells Fargo Clearing Services, LLCBroker
February 2009 - February 2022 · 13 yrs
Banc of America Investment Services, INC.Broker
June 2004 - March 2009 · 4 yrs 9 mos
Banc of America Investment Services, INC.
June 2004 - March 2009 · 4 yrs 9 mos
Bb&t Investment Services, INC.
December 2002 - June 2004 · 1 yr 6 mos
Bb&t Investment Services, INC.Broker
December 2002 - June 2004 · 1 yr 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2000 - November 2002 · 2 yrs 1 mo
State Registrations19 states
ALDEFLGAKYMAMDMEMSNCNJOHPARISCTNVAWAWV
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.
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