Michael Scheel
Michael Scheel is a registered investment advisor at Profolio Investments, INC., based in Union, KY, with 20 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, Insurance Planning, Investment Management, and 2 more. Their firm serves 26 clients with $17M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.65% |
The annual asset management fee will be 0.65% of client assets under management unless negotiated otherwise. Terms or basis of negotiation include the size of a client’s investment portfolio, the duration of a client/Advisor relationship, and/or the cost of a recommended third-party manager’s fee.
Fee Estimator
Location
Union, KY
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Regulatory History (2)
Regulatory
January 2023Employment Separation After Allegations
October 2014Employment History
Current Registrations
Profolio Investments, INC.
Previous Registrations
Goldman, Sachs & CO.Broker
State Registrations4 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.