Michael Berkemeier
Michael Berkemeier is a registered investment advisor at Innovia Wealth, LLC, based in Grand Rapids, MI, with 24 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Education Planning, and 7 more. Their firm serves 804 clients with $3.3B 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 $2.5M | 1.00% |
| $2.5M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $25.0M | 0.50% |
| $25.0M - $50.0M | 0.45% |
| $50.0M - $100.0M | 0.40% |
| $100M+ | 0.35% |
Fees are negotiable depending on the aggregate size or nature of the relationship. Family office services and certain legacy relationships may have separate or higher fee schedules.
Fee Estimator
Location
171 Monroe Ave. Nw, Suite 800, Grand Rapids, MI, 49503
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 ActivitiesSells Insurance
Michael is an independent licensed insurance agent since 2007, dedicating minimal time to this activity. He is also involved with Legatus International, Jandernoa Entrepreneurial Mentoring, and the Catholic Foundation of West Michigan, spending minimal time on each.
Employment History
Current Registrations
Innovia Wealth, LLC
Previous Registrations
Mutual Securities, INC.Broker
Valmark Advisers, INC.
Valmark Securities, INC.Broker
New England SecuritiesBroker
State Registrations18 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.
Exams
More Advisors
- Jacob Petrick, CFPInnovia Wealth, LLC
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- Andrew Boatright, CFPInnovia Wealth, LLC
- Micah Kinde, CFPInnovia Wealth, LLC