Michael Souders is a CFP-designated registered investment advisor at Souders Financial Advisors, LLC, based in Cincinnati, OH, with 15 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, High Net Worth, and 4 more. Their firm serves 1,351 clients with $1.4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $500K | 1.10% |
| $500K - $750K | 1.00% |
| $750K - $1.0M | 0.90% |
| $1.0M - $1.3M | 0.80% |
| $1.3M - $2.5M | 0.70% |
| $2.5M - $5.0M | 0.65% |
| $5.0M - $7.5M | 0.60% |
| $7.5M - $10.0M | 0.55% |
| $10M+ | 0.50% |
All fees are subject to negotiation. Client accounts may be aggregated for fee arrangement purposes in order to achieve breakpoints.
Fee Estimator
Location
5968 Bridgetown Road, Cincinnati, OH, 45248
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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 an investment advisor representative (IAR) of Souders Financial Advisors, LLC, dedicating full-time hours to this role. He also works as a financial advisor for Souders Financial Group, Inc. for minimal time and is the president of Souders Wealth Advisors, an S-Corp for tax purposes, spending minimal time on this.
Employment History
Current Registrations
Souders Financial Advisors, LLC
Previous Registrations
Private Client Services, LLCBroker
LPL Financial LLCBroker
Advantage Investment Management, LLC
National Planning CorporationBroker
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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