TrueAdvisor
TrueAdvisor
MG
MG

Michael Graves

Janney Montgomery Scott LLC
25 Years of Experience
Ponte Vedra Beach, FL
1 DisclosureBroker
View SEC Summary
View SEC Summary

Michael Graves is a registered investment advisor at Janney Montgomery Scott LLC, based in Ponte Vedra Beach, FL, 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

814 North Highway A1A, Suite 203, Ponte Vedra Beach, FL, 32082-3298

Get directions

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
November 2009
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is a referral representative for Melaleuca, Inc., a shopping club, since 2020. He dedicates a few hours per week to referring friends to the club.

Employment History
Current Registrations
Janney Montgomery Scott LLCBroker
July 2021 - Present · 5 yrs 3 mos
Janney Montgomery Scott LLC
July 2021 - Present · 5 yrs 3 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
July 2013 - July 2021 · 8 yrs
Wells Fargo Clearing Services, LLCBroker
July 2013 - July 2021 · 8 yrs
UBS Financial Services INC.Broker
January 2009 - July 2013 · 4 yrs 6 mos
UBS Financial Services INC.
January 2009 - July 2013 · 4 yrs 6 mos
Morgan Stanley & CO. Incorporated
April 2007 - January 2009 · 1 yr 9 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - January 2009 · 1 yr 9 mos
Morgan Stanley
April 2001 - April 2007 · 6 yrs
Morgan Stanley Dw INC.Broker
April 2001 - April 2007 · 6 yrs
State Registrations32 states
ALAZCACOCTDCDEFLGAINKSLAMAMDMIMNMTNCNHNMNVNYOHPARISCTNTXVAWAWIWY
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.
More Advisors
More financial advisors in Ponte Vedra Beach, FL →All financial advisors in Florida →