Michael Busico
Michael Busico is a CFP-designated registered investment advisor at 1st Financial Planning Group, INC., based in San Diego, CA, with 17 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Retirement Planning.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
1st Financial Planning Group refers clients to Gradient Investments, LLC, a third-party money manager. The fees for these services are based on a percentage of the value of your portfolio and are negotiable. 1st Financial Planning Group receives a portion of the fee charged by Gradient Investments.
Gradient Investments offers several portfolio options, each with a different annual fee:
- Strategic Portfolios: 2.00% per year
- Tactical Portfolios: 1.80% per year
- Allocation & Defined Outcome Portfolios: 1.70% per year
- Preservation Portfolios: 1.00% per year
- Private Wealth Portfolios: 1.50% per year
For Client Directed Accounts, Gradient Investments charges a flat fee of $300 per year, and 1st Financial Planning Group does not receive any portion of this fee.
Location
San Diego, CA
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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 ActivitiesSells Insurance
Michael is involved in fixed insurance sales, estate planning, and trust work since 1980. His duties include sales.
Employment History
Current Registrations
1st Financial Planning Group, INC.
Previous Registrations
Gradient Advisors, LLC
1st Financial Planning Group, INC.
State Registrations1 state
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.