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Michael Carr

24 Years of Experience
Austin, TX

Michael Carr is a registered investment advisor at Fmp Wealth Advisers, based in Austin, TX, with 24 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 734 clients with $1.1B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
11 advisors
Number of Clients
734 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)

FMP Wealth Advisers' fees for investment management (excluding separately managed accounts) are a combination of a percentage of your portfolio and a flat fee. The flat fee ranges from $0 to $2,500 per year. The percentage ranges from 0.15% to 1.0% per year. The total fee could be higher than other advisors for smaller portfolios (less than $100,000). Fees are usually paid quarterly in advance.

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Location

6034 West Courtyard Drive, Suite 380, Austin, TX, 78730

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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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Employment History
Current Registrations
Fmp Wealth Advisers
March 2012 - Present · 14 yrs 1 mo
Previous Registrations
Southwest Securities, INC.
November 2009 - April 2012 · 2 yrs 5 mos
UBS Financial Services INC.
July 2001 - December 2009 · 8 yrs 5 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.