MD
MD

Michael Devine

19 Years of Experience
Wasilla, AK
1 DisclosureBrokerSells Insurance

Michael Devine is a registered investment advisor at State Farm Investment Management CORP., based in Wasilla, AK, with 19 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 Investment Management, Retirement Planning. Their firm serves 3,575 clients with $13B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
7097 advisors
Number of Clients
3,575 clients
Average Client Portfolio
$3.6M average
Assets Under Management
$12.9B

Fee Structure

Minimum Investment:$15K
Investment management only (planning not offered)
Minimum Annual Fee:$180
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $100K1.25%
$100K - $500K1.00%
$500K - $1.0M0.75%
$1M+0.50%

Customized fees may be negotiated for total account values of $10,000,000 or more. Certain fee reductions apply for employees and accounts funded from specific previously established brokerage accounts.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

2200 E Parks Hwy, Ste A, Wasilla, AK, 99654-7371

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History

Regulatory History (1)
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Regulatory
August 2010
Final
Other Business ActivitiesSells Insurance

Michael owns Michael Devine's Insurance Agency, an insurance agency affiliated with State Farm, dedicating about half of his time to servicing customers and supervising employees. He also coaches middle school basketball (about a quarter of his time) and is an employee of the Matanuska-Susitna Borough School District (minimal time).

Employment History
Current Registrations
State Farm Investment Management CORP.
August 2021 - Present · 5 yrs 2 mos
State Farm Vp Management CORP.
October 2007 - Present · 19 yrs
State Farm Vp Management CORP.Broker
October 2007 - Present · 19 yrs
State Registrations1 state
AK
AdvisorBrokerBoth

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
No exam information available for this advisor.
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