MD
MD

Micah Damrow

6 Years of Experience
Austin, TX
May Earn CommissionSells Insurance

Micah Damrow is a registered investment advisor at 49 Financial, based in Austin, TX, with 6 years of industry experience. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 2,989 clients with $870M in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
129 advisors
Number of Clients
2,989 clients
Average Client Portfolio
$292K average
Assets Under Management
$871.4M

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)

49 Wealth Management charges a maximum of 1.65% of your portfolio's value annually for investment management. This fee is negotiable and may vary based on the size of your account, the complexity of your portfolio, and the level of activity in the account. The fee is paid quarterly in advance.

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Location

3711 S Mopac Expy, Suite 150, Austin, TX, 78746

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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 ActivitiesSells Insurance

Micah works as an associate at 49 Financial, creating financial plans for clients, dedicating nearly full-time hours to this role. Micah is also an insurance agent, providing fixed insurance to clients, which also takes nearly full-time hours. Additionally, Micah coaches basketball at Regents School of Austin, spending about a quarter of their time on this activity during the basketball season.

Employment History
Current Registrations
49 Financial
June 2023 - Present · 2 yrs 11 mos
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
November 2019 - January 2024 · 4 yrs 2 mos
AXA Advisors, LLCBroker
May 2019 - November 2019 · 6 mos
State Registrations1 state
TX
Advisor

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.
Micah Damrow - Financial Advisor | TrueAdvisor