Mid Michigan Insurance and Financial Services LLC
Mid Michigan Insurance and Financial Services (MMIFS) offers wealth management solutions to individuals and companies. Services include financial planning, which can be a full written plan or consultations, and managed account solutions through third-party investment managers. MMIFS does not exercise discretion over client accounts but assists in selecting model portfolios based on risk tolerance and investment objectives.
Fee Structure
MMIFS offers managed portfolio selection services through third-party investment managers. An investment advisor representative will help you complete a client profile questionnaire and review the information you provide. The investment managers will then select the model portfolio(s) that aligns with your disclosed risk tolerance and investment objectives. The fees for these services are negotiable, up to a maximum of 1.75% annually, and are based on the type of client, complexity, account composition, potential for deposits, and assets under management. The fee includes allocations to MMIFS and the platform provider. A platform provider may impose a minimum fee of $100.00 per account.