MN
MN

Michael Lynn Nichols

7 Years of Experience
Areas of Practice
Investment ManagementRetirement PlanningEstate PlanningHigh Net Worth
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
568 clients
Average Client Portfolio
$176K average
Assets Under Management
$100.0M

Fee Structure

AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $500K2.00%
$500K - $1000K1.75%
$1.0M - $2.0M1.50%
$2.0M - $5.0M1.25%
$5M+1.00%

Fees can be negotiated.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

805 W. Hwy 50 Ste. B, O'Fallon, IL, 62269

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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
Fra Wealth Management LLC
May 2025 - Present · 9 mos
Previous Registrations
Mutual of America Securities LLCBroker
September 2022 - December 2024 · 2 yrs 3 mos
Prudential Financial Planning Services
March 2022 - September 2022 · 6 mos
Pruco Securities, LLC.Broker
March 2022 - September 2022 · 6 mos
Wells Fargo Clearing Services, LLC
September 2017 - April 2022 · 4 yrs 7 mos
Wells Fargo Clearing Services, LLCBroker
September 2017 - April 2022 · 4 yrs 7 mos
State Registrations4 states
FLILMOTX
Advisor
Exams
No exam information available for this advisor.