Michael Broadhurst
Michael Broadhurst is a CFP-designated registered investment advisor at Heritage Wealth Management Group, LTD, based in Norfolk, VA, with 38 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, Investment Management, Retirement Planning, and 1 more. Their firm serves 180 clients with $150M 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 $250K | 1.20% |
| $250K - $500K | 1.00% |
| $500K - $2.5M | 0.85% |
| $2.5M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.65% |
| $10.0M - $20.0M | 0.45% |
| $20M+ | 0.35% |
Fees may be negotiated individually with some clients and may differ from the fees shown in the table, depending on portfolio size, the types of the investments, the services required, and the longevity of the account.
Fee Estimator
Location
733 Boush Street, Suite 100, Norfolk, VA, 23510-1591
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 Activities
Michael is a member of the Elder, First Presbyterian Church and the Rotary Club of Portsmouth. He also owns Mike's Mobile Mics, an audio and video recording and editing business, dedicating a few hours per week outside of trading hours.
Employment History
Current Registrations
Heritage Wealth Management Group, LTD
Previous Registrations
Financial Counselors of Virginia, INC.
American Express Financial Advisors, INC.
State Registrations1 state
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