Markku Happonen
Markku Happonen is a CFP, ChFC-designated registered investment advisor at Modern Wealth Management, LLC, based in Chester Springs, PA, with 16 years of industry experience. Markku operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 2 more. Their firm serves 11,934 clients with $11B 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 | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.65% |
| $10M+ | 0.55% |
Fees are negotiable. Eligible first responder and military households receive a discounted rate of 1.25% on the first tier ($0-$499,999).
Fee Estimator
Location
165 Pottstown Pike, Chester Springs, PA, 19425
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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 Activities
Markku is a board member of the Mainline Brewers Association, a non-profit home brew club, since 2010. This activity is not investment-related and requires minimal time.
Employment History
Current Registrations
Modern Wealth Management, LLC
Previous Registrations
Wealth Management Solutions
Mutual Securities, INC.Broker
LPL Financial LLC
The Wharton Advisory Group, LLC
LPL Financial LLCBroker
Market Street Wealth Management
USA Financial Securities CorporationBroker
USA Financial Securities Corporation
Ing Financial Partners, INC
Ing Financial Partners, INC.Broker
State Registrations3 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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