Michael Mcdonald is a CFP-designated registered investment advisor at Fisher Investments, based in Venice, FL, with 19 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 199,922 clients with $390B 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 $25.0M | 0.85% |
| $25.0M - $50.0M | 0.80% |
| $50M+ | 0.80% |
Rates vary by investment strategy. The schedule shown reflects standard rates for core global equity strategies. Other strategies have different schedules, and fees for amounts above certain thresholds are negotiable.
Fee Estimator
Location
Venice, FL
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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.
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Michael is the manager of Jitka Rittrova LLC and Sunray Realty LLC, both real estate rental companies set up for asset protection, dedicating minimal time. He is also the president of Michael S McDonald P.A., an S corporation for real estate holdings and tax filing, also requiring minimal time. Michael and his wife manage their rental properties, spending a few hours per week, which is not investment-related.
Employment History
Current Registrations
Fisher Investments
Previous Registrations
Krasney Financial, LLC
Amerivest Investment Management, LLC
TD Ameritrade, INC.
UBS Financial Services INC.
State Registrations2 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.
Exams
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