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CFA

Michael Edberg

Millennium Investment and Retirement Advisors, LLC
13 Years of Experience
Bethesda, MD
View SEC Summary
View SEC Summary

Michael Edberg is a CFA-designated registered investment advisor at Millennium Investment and Retirement Advisors, LLC, based in Bethesda, MD, with 13 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Investment Management, Retirement Planning. Their firm serves 523 clients with $1.4B in assets under management.

Millennium Investment and Retirement Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4 advisors
Number of Clients
523 clients
Average Client Portfolio
$2.6M average
Assets Under Management
$1.4B

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.00%

The annual fee is 1% of assets under management and is negotiable. Billed quarterly in advance or arrears.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Bethesda, MD

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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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Other Business Activities

Michael is a volunteer treasurer and board member of a non-profit providing interest-free loans, dedicating minimal time to this activity. He is also a member of a human resource professional organization, but spends no time on it.

Employment History
Current Registrations
Millennium Investment and Retirement Advisors, LLC
September 2017 - Present · 9 yrs 1 mo
Previous Registrations
Independent Financial Group, LLCBroker
July 2015 - August 2017 · 2 yrs 1 mo
Plotkin Financial Advisors, LLC
July 2015 - September 2017 · 2 yrs 2 mos
J.M. Edberg Investment Management LLC
January 2013 - December 2015 · 2 yrs 11 mos
State Registrations1 state
MD
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.
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