Michael Porro
Michael Porro is a CFP-designated registered investment advisor at Michael J. Porro & CO. Financial Advisors, INC., based in Old Tappan, NJ, with 14 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 214 clients with $170M 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 $125K | 1.50% |
| $125K - $250K | 1.38% |
| $250K - $375K | 1.25% |
| $375K - $500K | 1.13% |
| $500K - $750K | 1.00% |
| $750K+ | 0.88% |
Fees are applied to the entire portfolio value once a breakpoint is reached (not a marginal tier system). Fees may be negotiated in certain circumstances.
Fee Estimator
Location
180 Old Tappan Rd Bldg #5 Fl 1, Old Tappan, NJ, 07675-7052
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 Activities
Michael is a general partner in three limited partnerships that hold real estate.
Employment History
Current Registrations
Michael J. Porro & CO. Financial Advisors, INC.
Previous Registrations
Michael J. Porro & CO. Financial Advisors, LLC
State Registrations1 state
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