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Michael Chiarella

Esi Financial Advisors
15 Years of Experience
New York, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Chiarella is a registered investment advisor at Esi Financial Advisors, based in New York, NY, with 15 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 Annuities, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 12,379 clients with $2.8B in assets under management.

Esi Financial Advisors
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
536 advisors
Number of Clients
12,379 clients
Average Client Portfolio
$224K average
Assets Under Management
$2.8B

Fee Structure

Minimum Investment:$10K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1.0M - $2.5M0.75%
$2.5M - $5.0M0.60%
$5.0M - $10.0M0.50%
$10M+0.35%

Rates reflect the primary schedule used in programs like American Funds and Schwab Retirement Advisor Services. Other programs have different maximum fees (AssetMark up to 1.50%, Saratoga up to 2.00%, SEI up to 1.75% plus 0.05% administrative fee). Actual fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

675 Third Avenue, Suite 900, New York, NY, 10017

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History

Regulatory History (1)
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Criminal
August 2007
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is an insurance agent for Wealthbridge Financial Group and National Life Group, dedicating full-time hours to these activities. Both roles are investment-related and involve insurance sales.

Employment History
Current Registrations
Equity Services, INC.Broker
June 2019 - Present · 7 yrs 4 mos
Esi Financial Advisors
June 2019 - Present · 7 yrs 4 mos
Previous Registrations
City National Rochdale
June 2018 - May 2019 · 11 mos
Cnr Securities, LLCBroker
May 2018 - May 2019 · 1 yr
Eagle Strategies LLC
June 2015 - June 2018 · 3 yrs
Nylife Securities LLCBroker
March 2013 - June 2018 · 5 yrs 3 mos
Prudential Investment Management Services LLCBroker
June 2011 - February 2013 · 1 yr 8 mos
State Registrations11 states
CACTFLMANCNJNMNYTXVAVT
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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