MP
MP
Michael Posner
23 Years of Experience
Encino, CA
1 DisclosureBroker
Michael Posner is a registered investment advisor at Charles Schwab & CO., INC., based in Encino, CA, with 23 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning.
Compensation
Fixed/Hourly
Firm Size
8109 advisors
Number of Clients
Not specified
Average Client Portfolio
Not specified
Fee Structure
Planning is included in investment management
Minimum Annual Fee:$1,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.30% |
| $25M+ | 0.30% |
Fee schedule effective October 1, 2024. Clients enrolled prior to this date may have grandfathered fee schedules. Fees may be negotiable for assets over $25 million.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
16000 Ventura Boulevard, Suite 102 & 1105, Encino, CA, 91436
Get directionsHistory
Regulatory History (1)
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Criminal
January 2011Final Disposition
Employment History
Current Registrations
Charles Schwab & CO., INC.
January 2022 - Present · 4 yrs 4 mos
Charles Schwab & CO., INC.Broker
January 2022 - Present · 4 yrs 4 mos
Previous Registrations
TD Ameritrade Investment Management, LLC
July 2014 - September 2023 · 9 yrs 2 mos
TD Ameritrade, INC.
July 2014 - October 2022 · 8 yrs 3 mos
TD Ameritrade, INC.Broker
June 2014 - May 2024 · 9 yrs 11 mos
New England SecuritiesBroker
July 2010 - June 2014 · 3 yrs 11 mos
New England Securities Corporation
June 2010 - June 2014 · 4 yrs
Banc of America Investment Services, INC.
March 2008 - March 2009 · 1 yr
Banc of America Investment Services, INC.Broker
March 2008 - March 2009 · 1 yr
Presidio Capital Advisors, LLC
August 2005 - January 2008 · 2 yrs 5 mos
Presidio Capital Advisors, LLCBroker
August 2005 - January 2008 · 2 yrs 5 mos
Morgan Stanley
February 2002 - August 2005 · 3 yrs 6 mos
Morgan Stanley Dw INC.Broker
May 2001 - August 2005 · 4 yrs 3 mos
State Registrations20 states
ARAZCACOCTFLIAILMAMNNCNVNYORSCTNTXUTVAWA
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.