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Michael Semones

Primerica Advisors
9 Years of Experience
Blacksburg, VA
1 DisclosureBrokerSells Insurance
View SEC Summary
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Michael Semones is a registered investment advisor at Primerica Advisors, based in Blacksburg, VA, with 9 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 67,816 clients with $16B in assets under management.

Primerica Advisors
Compensation
Fee-Only (% of Portfolio)
Firm Size
3990 advisors
Number of Clients
67,816 clients
Average Client Portfolio
$229K average
Assets Under Management
$15.5B

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K1.74%
$250K - $500K1.71%
$500K - $1.0M1.52%
$1.0M - $3.0M1.38%
$3.0M - $5.0M1.15%
$5.0M - $10.0M1.00%
$10M+0.85%

Total maximum wrap fee schedule combining the maximum advisory fee, program fee, and assuming a maximum asset manager fee of 0.50%. The advisory fee component is negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

100 Ardmore Street, Ste #301, Blacksburg, VA, 24060

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History

Regulatory History (1)
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Regulatory
March 2020
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael sells investment-related products for companies affiliated with PFS Investments Inc. He also receives compensation from Primerica Mortgage, LLC and Primerica Client Services, Inc. Additionally, Michael is president of Semones Consulting, INC DBA senior health and life of VA, spending a few hours per week on Medicare planning, and is a Healthshare Affiliate for MIGHTYWELL HEALTH, dedicating about 10-20% of his time.

Employment History
Current Registrations
Primerica Advisors
August 2021 - Present · 5 yrs 2 mos
PFS Investments INC.Broker
August 2019 - Present · 7 yrs 2 mos
Previous Registrations
Integrity Financial Planning, INC.
August 2017 - July 2019 · 1 yr 11 mos
State Registrations1 state
VA
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.
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