Michael Mortenson is a CFP-designated registered investment advisor at Hoainvest LLC, based in Palm Desert, CA, with 14 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 3 more.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Fees will not exceed 2.00% annually and are based on the size of the client relationship, scope, and complexity. Clients also pay a $50 annual account fee for administrative expenses, which may be waived.
Fee Estimator
Location
73575 El Paseo, Suite 2300, Palm Desert, CA, 92260
Get directionsHistory
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 ActivitiesSells Insurance
Michael is an Executive VP & Sr Financial Advisor at Keystone Wealth Services DBA Keystone Private Wealth, dedicating nearly full-time hours to this role. He is also an Insurance Partner at Core Income, providing insurance solutions, and an Independent Insurance Professional at Caress Insurance Agency Inc, offering supplemental medicare insurance coverage, both taking minimal time. Additionally, Michael is an advisor for HOA Invest, a software solution for HOAs, spending a few hours per week.
Employment History
Current Registrations
Hoainvest LLC
Keystone Private Wealth
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
M. S. Howells & CO.Broker
Cypress Wealth Services, LLC
Purshe Kaplan Sterling InvestmentsBroker
World Equity Group, INC.
World Equity Group, INC.Broker
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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