Michael Clayton
Michael Clayton is a registered investment advisor at Hornor, Townsend & Kent, LLC, based in Akron, OH, with 18 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, Retirement Planning. Their firm serves 31,522 clients with $7.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
HTK offers investment advisory services through third-party asset managers (TPAMs). When HTK and its advisors act as co-advisors, they may receive a portion of the advisory fee charged by the TPAM. In some cases, the advisor may add a fee to the TPAM fee for certain advisory services. HTK charges up to 1.5% of the client's account value, not including manager fees and other charges associated with the TPAM program.
Location
Akron, OH
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Regulatory History (1)
Criminal
January 2013Other Business ActivitiesSells Insurance
Michael works as an insurance agent for Clayton & Associates, focusing on life insurance sales and service, dedicating nearly full-time hours to this. He is also a partner at Simplified Pension Solutions, educating individuals about retirement options and selling insurance products, spending about 10-20% of his time on this.
Employment History
Current Registrations
Hornor, Townsend & Kent, LLC
Hornor, Townsend & Kent, LLCBroker
Previous Registrations
Park Avenue Securities LLCBroker
PNC InvestmentsBroker
Hornor, Townsend & Kent, INC.Broker
State Registrations7 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.