Michael Golembiesky
Michael Golembiesky is a registered investment advisor at Herbert J. Sims Capital Management, INC., based in Bloomington, MN, with 20 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, High Net Worth, Investment Management, Retirement Planning. Their firm serves 221 clients with $190M 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 $500K | 2.50% |
| $500K - $1.0M | 2.00% |
| $1.0M - $2.5M | 1.75% |
| $2.5M - $5.0M | 1.50% |
| $5M+ | 1.25% |
Advisory fees are subject to negotiation and typically range from 1.25% to 2.50% of the initial value of the assets in the account per year, depending on the size of the account or household and services covered. Envestnet charges a flat annual operational fee of $25 based on services provided.
Fee Estimator
Location
8300 Norman Center Drive, Suite 100, Bloomington, MN, 55437-1028
Get directionsHistory
Regulatory History (3)
Employment Separation After Allegations
November 2022Regulatory
July 2011Employment Separation After Allegations
February 2011Other Business Activities
Michael is an investment adviser representative of HJ Sims Capital Management, dedicating about 10-20% of his time to this role. His primary business is providing brokerage services through a broker-dealer.
Employment History
Current Registrations
Herbert J. Sims Capital Management, INC.
Herbert J. Sims & CO, INC.Broker
Previous Registrations
Herbert J. Sims Capital Management, INC.
Associated Investment Services, INC.
Associated Investment Services, INC.Broker
Investacorp Advisory Services INC
Investacorp, INC.Broker
Primevest Financial Services, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations24 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.