MG
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Michael Garaventa

19 Years of Experience
Reno, NV

Michael Garaventa is a registered investment advisor at Navellier & Associates INC, based in Reno, NV, with 19 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 1,303 clients with $1B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
8 advisors
Number of Clients
1,303 clients
Average Client Portfolio
$770K average
Assets Under Management
$1.0B

Fee Structure

Investment management only (planning not offered)

Navellier & Associates manages investments for a fee based on a percentage of your portfolio. The annual fee typically ranges from 0.30% to 1.25% depending on the investment strategy. Fees are calculated quarterly, in advance, based on the portfolio's market value. There is no minimum fee. If you end your relationship with Navellier before the end of a quarter, you'll receive a pro-rata refund.

For Private Client Group clients, the fees are:

  • $500,000 to $1,500,000: 1.00%
  • $1,500,001 to $2,500,000: 0.85%
  • $2,500,001 to $5,000,000: 0.70%
  • Over $5,000,000: 0.60%

Accounts under $500,000 are billed at 1.25%.

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Location

One E. Liberty, Suite 504, Reno, NV, 89501-2107

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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
Navellier & Associates INC
March 2007 - Present · 19 yrs 2 mos
State Registrations2 states
NVTX
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 Garaventa - Financial Advisor | TrueAdvisor