MS
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Michael Smith

9 Years of Experience
Pittsburgh, PA
Broker

Michael Smith is a registered investment advisor at Federated Investment Counseling, based in Pittsburgh, PA, 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 Investment Management. Their firm serves 8,578 clients with $200B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
247 advisors
Number of Clients
8,578 clients
Average Client Portfolio
$23.3M average
Assets Under Management
$199.6B

Fee Structure

Investment management only (planning not offered)

Federated Investment Counseling charges fees based on a percentage of the assets they manage. These fees vary depending on the type of account and the amount of assets.

For separate accounts, fees range from 0.06% to 0.75% depending on the asset class and amount invested. For managed accounts, fees range from 0.25% to 0.85%. Some accounts may also have performance-based fees. Fees are negotiable and may be modified based on the services provided and the terms of the agreement.

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Location

1001 Liberty Avenue, Pittsburgh, PA, 15222-3779

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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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Other Business Activities

Michael is a self-published author with Amazon Kindle Direct Publishing and Audible Inc. since January 2025, and a comedy writer for the Friar's Club and self-employed author since February 2014, dedicating minimal time to each activity.

Employment History
Current Registrations
Federated Securities CORP.
October 2016 - Present · 9 yrs 7 mos
Federated Investment Counseling
October 2016 - Present · 9 yrs 7 mos
Federated Securities CORP.Broker
August 2016 - Present · 9 yrs 9 mos
Previous Registrations
Federated Global Investment Management CORP.
October 2016 - December 2019 · 3 yrs 2 mos
Mdt Advisers, a Division of Federated Mdta LLC
October 2016 - December 2019 · 3 yrs 2 mos
State Registrations1 state
PA
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.