MK
CFP
MK
CFP

Michael Krause

13 Years of Experience
Broker

Michael Krause is a CFP-designated registered investment advisor at Teckmeyer Financial Services, L.L.C., based in Omaha, NE, with 13 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, Retirement Planning, Tax Planning. Their firm serves 37 clients with $44M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
5 advisors
Number of Clients
37 clients
Average Client Portfolio
$1.2M average
Assets Under Management
$44.1M

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)

Teckmeyer Financial Services (TFS) offers investment management services where you pay a percentage of the value of your investments. The exact percentage falls within a range, and the advisor and client agree on a specific annual fee within that range. The fee ranges are:

  • $25,000-$250,000: 0.50% to 2.75%
  • $250,001-$500,000: 0.50% to 2.50%
  • $500,001-$1,000,000: 0.50% to 2.25%
  • $1,000,001-$2,000,000: 0.45% to 2.00%
  • $2,000,001-$3,000,000: 0.40% to 1.75%
  • $3,000,001-$5,000,000: 0.30% to 1.50%
  • $5,000,001-$10,000,000: 0.20% to 1.25%
  • Over $10,000,001: Negotiable
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Location

11104 John Galt Blvd., Omaha, NE, 68137-2307

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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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Other Business Activities

Michael is a public speaker for non-profit organizations, a fitness consultant/trainer, and a board member for a non-profit. These activities take minimal time, about 10-20% of his time, and minimal time respectively.

Employment History
Current Registrations
Teckmeyer Financial Services, L.L.C.Broker
July 2023 - Present · 2 yrs 9 mos
Teckmeyer Financial Services, L.L.C.
July 2023 - Present · 2 yrs 9 mos
Previous Registrations
Plan a Wealth, LLC
April 2017 - June 2023 · 6 yrs 2 mos
Private Client Services, LLCBroker
April 2017 - July 2023 · 6 yrs 3 mos
Wells Fargo Advisors Financial Network, LLCBroker
May 2015 - April 2017 · 1 yr 11 mos
Wells Fargo Advisors Financial Network, LLC
May 2015 - April 2017 · 1 yr 11 mos
Wells Fargo Advisors, LLC
January 2013 - May 2015 · 2 yrs 4 mos
Wells Fargo Advisors, LLCBroker
November 2012 - May 2015 · 2 yrs 6 mos
State Registrations1 state
NE
AdvisorBrokerBoth

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.