Michael Delafuente
Michael Delafuente is a registered investment advisor at Mutual Advisors, LLC, based in Austin, TX, with 16 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 8,463 clients with $6.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mutual Advisors charges an annual management fee based on the complexity of your financial situation, the services provided, the experience and standard of fees charged by your advisor, and the value of the assets in your account. This fee is negotiable with your advisor. The annual fee ranges up to 2.00% and is assessed quarterly or monthly in advance. Fees can be structured as a fixed percentage, a tiered fee schedule, or a linear fee schedule.
For American Funds F2 Direct Accounts, the annual fee ranges from 0.25% up to 1.25% annually, calculated and debited quarterly in arrears based on an average daily balance.
Location
Austin, TX
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Regulatory History (2)
Customer Dispute
June 2023Criminal
June 1991Other Business ActivitiesSells Insurance
Michael owns and leases a rental property since 2019, requiring minimal time. He is also an insurance agent and managing member of Nfuse Capital, dedicating full-time hours to the latter.
Employment History
Current Registrations
Mutual Advisors, LLC
Previous Registrations
Usca RIA LLC
Usca Securities LLCBroker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
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.