Michael Lacy
Michael Lacy is a CFP-designated registered investment advisor at Foundations Investment Advisors LLC, based in Phoenix, AZ, with 10 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, Insurance Planning, and 3 more. Their firm serves 25,166 clients with $7.2B 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% |
A $150 annual minimum management fee will be assessed on all accounts. All accounts will also be assessed a $50 annual administrative and technology fee (ATF) at the end of the January billing cycle. The fee schedule may not be the actual fee charged, but the maximum fee charged. Sub-Adviser fees are included in the fee schedule above.
Fee Estimator
Location
4050 E. Cotton Center Blvd., Suite 40, Phoenix, AZ, 85040
Get directionsHistory
Regulatory History (1)
Customer Dispute
April 2024Other Business Activities
Michael is an investment adviser representative for Foundations Investment Advisers (since January 2024) and Alloy Investment Management (since December 2023). He dedicates a full-time effort to these roles.
Employment History
Current Registrations
Foundations Investment Advisors LLC
Alloy Investment Management
Previous Registrations
J.P. Morgan Securities LLC
J.P. Morgan Securities LLCBroker
Hobart Private Capital, LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
J.P. Morgan Securities LLCBroker
State Registrations2 states
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.