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Michael Errichiello

23 Years of Experience
Nutley, NJ
1 DisclosureBroker

Michael Errichiello is a registered investment advisor at Equitable Advisors, LLC, based in Nutley, NJ, 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, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 69,432 clients with $38B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4570 advisors
Number of Clients
69,432 clients
Average Client Portfolio
$548K average
Assets Under Management
$38.0B

Fee Structure

Planning is included in investment management (also available separately)

Equitable Advisors offers investment management through LPL Financial programs and third-party asset managers (TAMPs). Fees vary depending on the program and assets invested.

For LPL programs like SAM, fees are based on a percentage of your portfolio. In some cases, you can choose whether to pay transaction charges directly or have the advisor pay them, which affects the overall advisory fee.

When using TAMPs, the fees are determined by the TAMP and a portion is paid to Equitable Advisors. The specific fees, minimums, and arrangements vary by TAMP, so it's important to review their brochures.

Equitable Advisors also offers ERISA fiduciary services to retirement plans, with fees determined by the specific services provided.

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Location

356 Franklin Avenue, Nutley, NJ, 07110

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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 2011
Settled
Other Business Activities

Michael works part-time as a fire inspector and firefighter for the Lyndhurst Fire Prevention Bureau since 2012. He also serves as Treasurer for the Lyndhurst Volunteer Fire Department since 2015, and as a firefighter for Lakewood Fire District #1 since 2015, and is a member of the Bergen County Fire Prevention and Protection Association, dedicating about half his time.

Employment History
Current Registrations
Equitable Advisors, LLCBroker
January 2010 - Present · 16 yrs 4 mos
Equitable Advisors, LLC
January 2010 - Present · 16 yrs 4 mos
Previous Registrations
Morgan Stanley & CO. IncorporatedBroker
April 2007 - February 2009 · 1 yr 10 mos
Morgan Stanley & CO. Incorporated
April 2007 - February 2009 · 1 yr 10 mos
Morgan Stanley
June 2002 - April 2007 · 4 yrs 10 mos
Morgan Stanley Dw INC.Broker
October 2001 - April 2007 · 5 yrs 6 mos
State Registrations3 states
FLNJNY
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.
Michael Errichiello - Financial Advisor | TrueAdvisor