Michael Lunen is a registered investment advisor at Prospect Trading LLC, based in Elmhurst, IL, with 4 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 39 clients with $20M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospect Trading, LLC's investment management fee is based on a percentage of the value of your portfolio or a share of the capital gains. The annual fee is negotiable, with a maximum of 2% and a minimum of 0.8%. Clients who agree to a performance-based fee are not charged the percentage of portfolio fee.
Location
Elmhurst, IL
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael owns and is the President of Ripple360 LLC, a professional coaching business that helps entrepreneurs. He dedicates a few hours per week to this non-investment related activity.
Employment History
Current Registrations
Prospect Trading LLC
State Registrations1 state
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