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Michael Wenc

8 Years of Experience
Chicago, IL
Broker

Michael Wenc is a registered investment advisor at Robinhood Asset Management, based in Chicago, IL, with 8 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 252,664 clients with $1.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
111 advisors
IM Fee
Planning only
Assets Under Management
$1.5B

Fee Structure

Minimum Investment:$250K
Investment management only (planning not offered)

Detailed fee information is not available for this advisor. View their full brochure on SEC.gov for fee details.

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Location

Chicago, IL

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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
Robinhood Asset Management
August 2025 - Present · 9 mos
Robinhood Financial, LLCBroker
June 2025 - Present · 11 mos
Robinhood Financial, LLC
June 2025 - Present · 11 mos
Previous Registrations
Morgan Stanley
September 2023 - May 2025 · 1 yr 8 mos
Morgan StanleyBroker
March 2023 - May 2025 · 2 yrs 2 mos
E*trade Capital Management, LLC
June 2018 - September 2023 · 5 yrs 3 mos
E*trade Securities LLCBroker
June 2018 - September 2023 · 5 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2017 - June 2018 · 1 yr 1 mo
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
AdvisorBrokerBoth

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Exams
No exam information available for this advisor.
Michael Wenc - Financial Advisor | TrueAdvisor