Michael Cherrey
Michael Cherrey is a CFP-designated registered investment advisor at Mdc Financial Consulting, LLC, based in Washington Township, NJ, 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 Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 18 clients with $15M 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 $50K | 1.50% |
| $50K - $250K | 1.25% |
| $250K - $750K | 1.00% |
| $750K+ | 0.75% |
Schedule is for discretionary accounts. Non-discretionary accounts have slightly higher fees: Up to $50,000: 1.60%, $50,000.01 to $250,000: 1.35%, $250,000.01 to $750,000: 1.10%, Over $750,000: 0.85%. Fees may be negotiable.
Fee Estimator
Location
Washington Township, NJ
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Mdc Financial Consulting, LLC
State Registrations1 state
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