Michael Riskin is a CFP-designated registered investment advisor at Cps Investment Advisors, based in Lakeland, FL, 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 Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 3,276 clients with $2.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
CPS Investment Advisors offers several investment management programs with different fees:
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Direct Investment Supervisory Services:
- First $3 million: 1.500% per year
- $3,000,001 - $5,000,000: 1.000% per year
- Over $5 million: 0.750% per year
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401(k) Pilot Services:
- First $3 million: 1.500% per year
- $3,000,001 - $5,000,000: 1.000% per year
- Over $5 million: 0.750% per year
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CPS Investment Advisors 401(k) Services:
- Up to $1,000,000,000: 1.000% per year
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403(b) Pilot Services:
- Up to $99,000,000: 1.500% per year
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Cash Management Services:
- Up to $99,000,000: 0.500% per year
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CPAlliance™ Investment Supervisory Services:
- First $3 million: 1.500% per year (split between CPS and CPA firm)
- $3,000,001 - $5,000,000: 1.000% per year (split between CPS and CPA firm)
- Over $5 million: 0.750% per year (split between CPS and CPA firm)
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CPAlliance™ 401(k) Services:
- Up to $1,000,000,000: 1.000% per year (split between CPS and CPA firm)
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CPAlliance™ 401(k) Pilot Services:
- First $3 million: 1.500% per year (split between CPS and CPA firm)
- $3,000,001 - $5,000,000: 1.000% per year (split between CPS and CPA firm)
- Over $5 million: 0.750% per year (split between CPS and CPA firm)
Fees are negotiable.
Location
205 East Orange Street #310, Lakeland, FL, 33801-4611
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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 is a 50% owner and member of Entertaining Designers, LLC, an event planning business, since 2004. He dedicates minimal time to this activity, which also involves bookkeeping.
Employment History
Current Registrations
Cps Investment Advisors
State Registrations1 state
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