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Michael Saldutti

23 Years of Experience
Chicago, IL

Michael Saldutti is a registered investment advisor at Envestnet Pmc, based in Chicago, IL, 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 Investment Management. Their firm serves 2,021,610 clients with $530B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
55 advisors
Number of Clients
2,021,610 clients
Average Client Portfolio
$263K average
Assets Under Management
$532.2B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)

Envestnet's fees vary depending on the program and the managers selected. These fees do not include advisor fees, which generally range from 0.80% to 1.10%. Mutual funds and ETFs also have internal operating expenses. When Tax Overlay or Values Overlay Services are used, there is an additional fee of 0.02% - 0.10%.

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Location

222 N. Lasalle St., Suite 625, Chicago, IL, 60601

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Envestnet Pmc
November 2024 - Present · 1 yr 8 mos
Previous Registrations
Envestnet Pmc
November 2013 - November 2024 · 11 yrs
Portfolio Brokerage Services, INC.Broker
November 2013 - February 2020 · 6 yrs 3 mos
Prudential Investments LLC
June 2006 - July 2013 · 7 yrs 1 mo
Prudential Investment Management Services LLCBroker
May 2006 - July 2013 · 7 yrs 2 mos
American Skandia Investment Services, INC.
March 2006 - May 2006 · 2 mos
American Skandia Marketing, INC.Broker
August 2005 - May 2006 · 9 mos
Prudential Investments LLC
June 2003 - June 2005 · 2 yrs
Prudential Investment Management Services LLCBroker
March 2002 - June 2005 · 3 yrs 3 mos
State Registrations2 states
ILPA
Advisor

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 Saldutti - Financial Advisor | TrueAdvisor