Michael Mcalister
Michael Mcalister is a registered investment advisor at Stone Island Financial Planning, based in Naperville, 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 Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 2 more. Their firm serves 154 clients with $140M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Stone Island Financial Planning offers standalone investment management services. The annual fee is charged quarterly, in advance, based on the value of your investments. The fee ranges are:
- Cash and Fixed Income – 0.10% to 1.00%
- Actively Managed Portfolios – 0.50% to 2.00%
The specific percentage you pay depends on the total amount of assets and the number of accounts managed for you.
Location
900 E. Diehl Road, Suite 181, Naperville, IL, 60563
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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 Activities
Michael is the Managing Member of Raintree Capital Management, LLC, a commodity pool operator and exempt reporting adviser, dedicating nearly full-time hours to this role. He is also a Director and Board Member of Click Capital Markets, a fintech business, spending about 10-20% of his time on capital raising and strategic initiatives.
Employment History
Current Registrations
Stone Island Financial Planning
Previous Registrations
Morgan Stanley & CO. Incorporated
Morgan Stanley
State Registrations3 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.