Michael Forster
Michael Forster is a registered investment advisor at Momentum Independent Network INC., based in Dallas, TX, with 16 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Estate Planning, Investment Management, and 2 more. Their firm serves 2,879 clients with $1.6B 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 $250K | 2.25% |
| $250K - $500K | 2.00% |
| $500K - $1.0M | 1.75% |
| $1M+ | 1.50% |
Rates reflect the maximum annualized fee schedule for individual securities accounts across primary advisory programs. Other programs and asset classes (such as mutual fund only accounts or fixed income portfolios) feature different maximum fee schedules ranging down to 0.90%. Fees are negotiable.
Fee Estimator
Location
717 N. Harwood Street, Suite 3400, Dallas, TX, 75201
Get directionsHistory
Regulatory History (3)
Customer Dispute
December 2009Customer Dispute
April 2008Customer Dispute
March 2008Employment History
Current Registrations
Momentum Independent Network INC.
Momentum Independent Network INC.Broker
Hilltop Securities INC.
Hilltop Securities INC.Broker
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Securities America Advisors, INC.
Securities America, INC.Broker
LPL Financial LLC
LPL Financial LLCBroker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Chase Investment Services CORP.
Chase Investment Services CORP.Broker
Signator Investors, INC.Broker
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.
Exams
More Advisors
- Nicholas Damico, CFPMomentum Independent Network INC.
- Eugene Flusche, CFAMomentum Independent Network INC.
- Patrick Freeland, CFAMomentum Independent Network INC.
- Robert Morales, CFPMomentum Independent Network INC.
- Evelyn Burgett, CFPMomentum Independent Network INC.
- John CoyleMomentum Independent Network INC.