Michael Allen
Michael Allen is a registered investment advisor at Great Valley Advisor Group, LLC, based in Atlantic, IA, with 46 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 1 more. Their firm serves 33,099 clients with $9.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.50% |
| $500K - $1.0M | 2.25% |
| $1.0M - $3.0M | 2.00% |
| $3M+ | 2.00% |
Fees and account value tiers are subject to negotiation at the sole discretion of Great Valley Advisor Group.
Fee Estimator
Location
106 E 7th Street, Atlantic, IA, 50022
Get directionsHistory
Regulatory History (4)
Employment Separation After Allegations
December 2020Customer Dispute
March 2006Customer Dispute
July 2005Customer Dispute
February 2005Other Business ActivitiesSells Insurance
Michael sells non-variable insurance, dedicating minimal time to it. He also operates under Oakpoint Wealth Management as a DBA for his LPL business and uses MDA Financial, Inc. for tax/investment purposes. Furthermore, Michael provides investment advisory services to Great Valley Advisor Group, Inc., spending nearly full-time on this activity.
Employment History
Current Registrations
Great Valley Advisor Group, LLC
LPL Financial LLCBroker
Previous Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Voya Financial Advisors, INC.
Voya Financial Advisors, INC.Broker
Ing Financial Partners, INC.Broker
Locust Street Securities, INC.Broker
Smith Hayes Financial Services CorporationBroker
Norwest Investment Services, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
Ids Financial Services INC.Broker
State Registrations18 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.