Michael Morrison
Michael Morrison is a registered investment advisor at Hsbc Securities (USA) INC., based in Miami, FL, with 16 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 12,180 clients with $3.2B 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 $250K | 1.50% |
| $250K - $500K | 1.20% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.65% |
| $10M+ | 0.55% |
Fees are negotiable and discounts may be applied.
Fee Estimator
Location
1441 Brickell Avenue, 16th Floor, Miami, FL, 33131
Get directionsHistory
Regulatory History (1)
Customer Dispute
October 2011Other Business Activities
Michael works as a bank officer for HSBC Bank (USA) N.A., selling bank-related products and services, in addition to his role as a registered representative with HSBC Securities (USA) Inc.
Employment History
Current Registrations
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
Previous Registrations
Charles Schwab & CO., INC.
Charles Schwab & CO., INC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
J.W. Korth & CompanyBroker
Edward Jones
Edward JonesBroker
Wallstreet*e Financial Services, INC.Broker
Citicorp Financial Services CorporationBroker
Mcdonald Investments INC.Broker
State Registrations53 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.