Michael Coates
Michael Coates is a CFP-designated registered investment advisor at Allworth Financial, L.P., based in Folsom, CA, with 11 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, Investment Management, Retirement Planning, Tax Planning. Their firm serves 26,325 clients with $25B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Allworth Financial offers investment management services through a wrap fee program and a non-wrap fee program. You'll pay a percentage of your portfolio each quarter, billed in advance. The exact percentage depends on the type and amount of your investments. There's a $2,500 minimum annual fee. The maximum fee charged is 2.00%. The wrap fee covers advisory services and most trade execution fees. The non-wrap fee program covers advisory services, but does not include trade execution fees.
Location
340 Palladio Pkwy., Suite 501, Folsom, CA, 95630
Get directionsHistory
Regulatory History (4)
Financial
May 2018Financial
April 2018Financial
January 2018Financial
August 2017Other Business ActivitiesSells Insurance
Michael works as an insurance agent since 2016, dedicating about 10% of his time to fact finding, discovery, and product presentations. He also drives for Uber, spending minimal time on this non-investment related activity.
Employment History
Current Registrations
Allworth Financial, L.P.
Previous Registrations
Simply Money Advisors
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.