Michael Schimmel
Michael Schimmel is a registered investment advisor at Wealthcare Capital Partners, LLC, based in West Chester, PA, with 17 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 623 clients with $330M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Wealthcare Capital Partners' investment management fees are based on a percentage of your portfolio's value, up to 1.85% annually. The exact percentage depends on factors like the types of investments, the size of your account, and any special reporting needs. Fees are typically paid quarterly, in advance. If WCP uses outside money managers, your overall fees will include WCP's fee plus the manager's fees. Some clients may have their financial planning fee included with the overall investment management fee.
Location
1065 Andrew Drive, West Chester, PA, 19380
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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 an Investment Advisor Representative and Registered Representative, spending most of his time in those roles. He also engages in insurance planning through Fellows Risk Solutions, sells fixed annuities through Advisors Excel, and is an investment representative and financial advisor for Financial Group Too, dedicating minimal time to each of these activities.
Employment History
Current Registrations
Wealthcare Capital Partners, LLC
Arkadios CapitalBroker
Wealthcare Advisory Partners LLC
Previous Registrations
Coastal Equities, INC.Broker
LPL Financial LLCBroker
Hsbc Securities (USA) INC.Broker
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
State Registrations9 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.