MJ
CFP
MJ
CFP

Michael Johnson

11 Years of Experience
Des Moines, IA

Michael Johnson is a CFP-designated registered investment advisor at Teacher Wealth, based in Des Moines, IA, with 11 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Gen X, and 4 more. Their firm serves 63 clients with $15M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1 advisor
Number of Clients
63 clients
Average Client Portfolio
$243K average
Assets Under Management
$15.3M

Fee Structure

Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K1.25%
$250K+1.00%

The annual advisory fee on 403(b) accounts will not exceed 1.00% of assets under management. The above fee schedule does not include Betterment’s fee of 0.15%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Contact

MJ
Michael Johnson

Location

Des Moines, IA

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
Teacher Wealth
June 2020 - Present · 5 yrs 11 mos
Previous Registrations
Ao Wealth Advisory
August 2017 - June 2020 · 2 yrs 10 mos
Investment Advisors CORP
May 2014 - August 2017 · 3 yrs 3 mos
State Registrations1 state
IA
Advisor

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.
MJ
Contact
Michael Johnson
Michael Johnson - Financial Advisor | TrueAdvisor