Michael Griesmeyer
Michael Griesmeyer is a CFP-designated registered investment advisor at Wealth Management Group, based in Tipp City, OH, with 40 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 218 clients with $52M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
WMG offers investment management services where you pay a percentage of your portfolio's value each year. This fee is negotiated with your advisor and can range from 0.25% to 2.5% depending on the type of service and your account's investment goals. The fee can be a fixed rate or tiered rate. The fee is deducted from your account by the custodian either monthly or quarterly, in advance. For example, a growth portfolio might have the following tiered fee schedule:
- $0 up to $250,000 — 1.25%
- $250,001 up to $500,000 — 1.20%
- $500,001 up to $750,000 — 1.15%
- $750,001 up to $2,000,000 — 1.05%
- $2,000,001 and above — 1.00%
Location
Tipp City, OH
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is a licensed insurance agent selling life, health, long-term care, and disability insurance, and fixed annuities, dedicating nearly full-time hours to this. He also provides financial planning services for an hourly fee or fixed rate, taking about half of his time, and owns rental real estate property, dedicating minimal time to it.
Employment History
Current Registrations
Wealth Management Group
Previous Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Fsc Securities Corporation
Fsc Securities CorporationBroker
Brazie Financial Securities, INC.Broker
Investment Management & Research, INCBroker
First American National Securities, INC.Broker
State Registrations3 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.