Mike Nimmo is a CFP-designated registered investment advisor at Simplicity Wealth, based in Minneapolis, MN, with 10 years of industry experience. Mike operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Education Planning, Estate Planning, High Net Worth, and 5 more. Their firm serves 8,494 clients with $4.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Advisory fees generally range from 0.10% to 2.00% of assets under management. Platform fees range from 0.10% to 0.60%, and third-party model manager fees range from 0.00% to 1.00%.
Fee Estimator
Location
3600 American Blvd W #700, Minneapolis, MN, 55439
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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
Mike founded Play It Forward Group, an LLC that organizes a charity golf tournament, dedicating about 10-20% of his time outside of trading hours. He also has sales responsibilities with Simplicity Group.
Employment History
Current Registrations
Simplicity Wealth
Previous Registrations
Kinetic Investment Management, INC.
Allianz Life Financial Services, LLCBroker
Questar Capital 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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