Michael Kidd
Michael Kidd is a registered investment advisor at Kestra Advisory Services, LLC, based in Fort Worth, TX, with 7 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, Retirement Planning. Their firm serves 97,702 clients with $60B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kestra Advisory Services' (Kestra AS) fees for managing your investments are a percentage of the value of your portfolio, up to a maximum of 2.5% per year. The exact percentage is determined by your advisor based on factors like the size of your account, the type of account (e.g., retirement), the services you receive, and the platform you choose. These fees are negotiable.
Kestra AS offers different advisory platforms with varying program fees that are deducted from the client fee you negotiate with your advisor. These platforms include AdvisorEnterprise, Horizon, and AdvisorChoice. Each platform has different features, costs, and minimum account sizes.
There are also third-party managed solutions available through platforms like Focus Partners Advisor Solutions, Symmetry Partners, SEI and AssetMark.
Location
2900 Wingate Suite 100, Fort Worth, TX, 76107
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Regulatory History (1)
Financial
April 2022Other Business ActivitiesSells Insurance
Michael is an agent selling and servicing fixed outside insurance products, including life, annuities, disability insurance, long-term care, medical, and group insurance, dedicating about half of his time to this. He is also a partner in Compass Educational Services, helping with invoicing and payroll, and dedicating a few hours per week to this.
Employment History
Current Registrations
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
Previous Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
Northwestern Mutual Investment Services, LLCBroker
State Registrations5 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.