MF
MF

Michael Frendak

9 Years of Experience
Charlotte, NC
Broker

Michael Frendak is a registered investment advisor at PNC Wealth Management, based in Charlotte, NC, with 9 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Annuities. Their firm serves 157,536 clients with $27B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
1116 advisors
Number of Clients
157,536 clients
Average Client Portfolio
$168K average
Assets Under Management
$26.5B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K1.75%
$500K - $1.0M1.50%
$1.0M - $2.0M1.25%
$2.0M - $4.0M1.00%
$4M+1.00%

Fees negotiable for accounts over $4,000,000. From time-to-time, we offer discounted pricing programs at our discretion. For example, current employees of PNCWM and their immediate family members are eligible for employee pricing.

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

2000 Randolph Road, Charlotte, NC, 28207

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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
PNC Wealth Management LLC
April 2020 - Present · 6 yrs 1 mo
PNC Wealth Management LLCBroker
April 2020 - Present · 6 yrs 1 mo
PNC Wealth Management
April 2020 - Present · 6 yrs 1 mo
Previous Registrations
Vanguard Marketing CorporationBroker
November 2017 - April 2020 · 2 yrs 5 mos
Vanguard Advisers, INC.
November 2017 - April 2020 · 2 yrs 5 mos
Scottrade Investment Management
July 2017 - October 2017 · 3 mos
Scottrade, INC.Broker
February 2017 - October 2017 · 8 mos
AXA Advisors, LLCBroker
September 2016 - February 2017 · 5 mos
State Registrations24 states
ALCODCDEFLGAILINKYMAMDMIMONCNJNMNYOHPASCTXVAWIWV
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.