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CFP · ChFC
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CFP · ChFC

Charles Herrold

Commonwealth Financial Network
46 Years of Experience
East Lansing, MI
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Charles Herrold is a CFP, ChFC-designated registered investment advisor at Commonwealth Financial Network, based in East Lansing, MI, with 46 years of industry experience. Charles is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

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

Location

333 Albert Ave, Suite 400, East Lansing, MI, 48823

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2002
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Charles is the chairman and co-owner of Financial Technology, Inc., which facilitates securities, advisory, insurance, and third-party administration services, dedicating all of his time during business hours. He also sells fixed insurance and is involved with real estate and retirement plan administration.

Employment History
Current Registrations
Commonwealth Financial Network
April 2010 - Present · 16 yrs 6 mos
Commonwealth Financial NetworkBroker
May 1997 - Present · 29 yrs 5 mos
Previous Registrations
Commonwealth Equity Services, INC.Broker
May 1997 - May 1997 · 0 mos
Royal Alliance Associates, INC.Broker
January 1997 - May 1997 · 4 mos
Keogler, Morgan & Company, INC.Broker
May 1986 - January 1997 · 10 yrs 8 mos
Mutual Service CorporationBroker
July 1980 - May 1986 · 5 yrs 10 mos
State Registrations33 states
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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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