Michael Troy is a CFP-designated registered investment advisor at Red Reef Advisors LLC, based in Chapel Hill, NC, with 12 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Annuities, Business Owners, Education Planning, and 8 more. Their firm serves 91 clients with $130M 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 | 2.00% |
Maximum annual fee is 2%, negotiated on a client-by-client basis. Comprehensive financial planning is included for accounts over $500,000.
Fee Estimator
Location
101 Glen Lennox Dr., Ste 300, Chapel Hill, NC, 27517
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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.
Learn about disclosures →Other Business Activities
Michael owns 18% of non-voting stock in Troy Enterprises, an S-Corp owning rental properties and undeveloped land. He advises the firm's controlling shareholder, spending minimal time on this business.
Employment History
Current Registrations
Red Reef Advisors LLC
Previous Registrations
Davis Wealth Management
Bull City Advisors, LLC
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.
Exams
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