| Advisor Profile |
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Business Description |
Our mission: To be a positive force in the lives of our clients and community, and to be the first choice for individuals, families, and small businesses seeking trusted advice on building, managing, and distributing wealth.
MICG is a comprehensive wealth management firm founded on the principles of providing superior investment advice and exceptional service to its clients. With branch offices from Newport News, VA to New York City, MICG is one of the fastest growing consulting firms in the Mid-Atlantic. MICG is a fully licensed Broker Dealer (BD), Registered Investment Advisor (RIA), and Insurance Agency.
As an independent wealth management firm, MICG is under no obligation to endorse proprietary products or services, so the advice given is free from potential conflicts of interest and designed to be in the client’s best interest. Because our accounts are carried by First Clearing, LLC, MICG’s clients are entitled to special benefits including, but not limited to, unique, fee-based professionally managed portfolios, SIPC and Private Insurance Account coverage, and extensive, sophisticated equity and market research. Relevant, meaningful investment recommendations are guided by time-tested methodology and disciplined investment principles. |
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General Information |
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| Name of Broker/Dealer: |
MICG Investment Management
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| Name of Custodial Firm: |
First Clearing, LLC
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| States Licensed in: |
VA, MD, DC, MA, GA, FL, NY, CA, MI, NC, OH, PA, SC
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| Years of Experience in Financial Services: |
10
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| Number of Years with Current Firm: |
1.5
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| I work with the following types of clients: |
Individual Investors, Businesses, Non-Profit Organizations, Families
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Education |
| Academic Background |
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BBA, Management - Chaminade University, Honolulu, HI (1990)
MS, Management - Naval Postgraduate School, Monterey, CA (1995) |
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Services |
| Investment Types: |
Real Estate 1031 exchanges, Bonds, Stocks, Annuities, Insurance, Mutual Funds, Options & Futures, Alternative Investments, Mortgages & Real Estate, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CERTIFIED FINANCIAL PLANNER™ Certificant
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| Securities Licenses: |
Series 31, Series 66, Series 7
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| Insurance and Annuity Licenses: |
Variable Life, Long Term Care, Variable Annuity, Life, Disability, Annuity, Health
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| Financial Organization Memberships: |
Financial Planning Association (FPA)
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| I work with clients as part of a team: |
Yes
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| Advisor's Number of Clients: |
70
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| Advisor's Number of Managed Clients: |
35
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Compliance |
| Registered Investment Advisor: |
Yes
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| Registered Representative: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
250,000
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| Compensation Methods: |
Hourly, Flat Fee, Commissions, Based on Assets
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| Fee % Based on Assets: |
.75 - 1.50
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| Minimum Fee Charged for Managed Accounts: |
Varies
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| Prepared By: |
David Brower |
Frequently Asked Questions |
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| Q. |
Do you have a customer satisfaction or refund policy? |
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We emphasize exceptional service. We strive to resolve any issues to our client's satisfaction. |
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| Q. |
What are your qualifications? What is your education background? |
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I am a retired Naval Officer who completed 20 years of active duty service in 1999. I completed the Certified Financial Planner Professional Development Program from the College for Financial Planning and passed the CFP® exam in 1999. I served as a financial advisor with Morgan Stanley for eight years prior to becoming a part owner of the independent firm MICG Investment Management in June 2007. |
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What is your approach to financial planning? |
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We take a comprehensive approach to our client's financial planning needs. |
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What services do you offer? |
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Comprehensive financial planning, retirement planning, retirement income planning, estate planning, investment portofolio management, risk management planning. |
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How many clients do you currently manage? |
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The team of Krekeler Brower Wealth Advisors manages 60 - 70 clients. MICG Investment Management as a firm has several thousand clients. |
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| Q. |
Will you be the only person working with me? |
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No. New clients work with me and my partners, Adron Krekeler, ChFC and Jim Worfolk; and our Client Services Associate, Claire Dorrell. When needed, we also coordinate our efforts with other professionals you may already work with or refer you to our exisitng network of professionals, such as CPAs and estate planning attorneys. |
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How are you compensated? How will I pay for your services? |
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We prefer to work on a fee basis where you pay a fee based on the amount of assets we are managing for you, but compensating us through other arrangements is also possible. |
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If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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In most cases, yes. We do occasionally work with clients on a discretionary basis where we are responsible for any buy or sell decisions. The decision about whether to work on a discretionary or non-discretionary basis is made by the client. |
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Do you offer any guaranteed results? |
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How much risk should I be willing to take? |
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We will work with you in advance to carefully assess your risk tolerance level and tailor a portfolio to match it. |
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Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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Comprehensive financial planning, retirement planning, retirement income planning, estate planning, investment portofolio management, risk management planning. |
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What is your experience? How many clients do you currently manage? |
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I completed the Certified Financial Planner Professional Development Program from the College for Financial Planning and passed the CFP® exam in 1999. I served as a financial advisor with Morgan Stanley for eight years prior to joining MICG Investment Management in June 2007. Krekeler Brower Wealth Advisors manages 60 - 70 clients/households. |
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What financial institution(s) do you represent? |
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MICG Investment Management. |
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How do you charge for your services? |
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We prefer to work on a fee basis where you pay a fee based on the amount of assets we are managing for you, but compensating us through other arrangements is also possible. |
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Do you provide a free initial consultation? |
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Why should I choose you as my financial advisor? |
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We take the time to understand you and to create and implement a plan tailored to your unique situation. |
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| Q. |
What are your qualifications? |
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I am a retired Naval Officer who completed 20 years of active duty service in 1999. I completed the Certified Financial Planner Professional Development Program from the College for Financial Planning and passed the CFP® exam in 1999. I served as a financial advisor with Morgan Stanley for eight years prior to becoming a part owner of the independent firm MICG Investment Management in June 2007. |
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| Q. |
How long does the process of rolling over a 401K plan usually take? |
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What financial institutions do you represent? |
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MICG Investment Management. |
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How many years of experience do you have? |
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I completed the Certified Financial Planner Professional Development Program from the College for Financial Planning and passed the CFP® exam in 1999. I served as a financial advisor with Morgan Stanley for eight years prior to becoming a part owner of the independent firm MICG Investment Management in June 2007. |
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What are your fees for this service? |
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We prefer to work on a fee basis where you pay a fee based on the amount of assets we are managing for you, but compensating us through other arrangements is also possible. Asset management fees typically range from 1 - 1.5% of assets under management. |
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| Q. |
How many 401K rollover clients do you currently manage? |
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The team of Krekeler Brower Wealth Advisors manages 60 - 70 clients, many of which started as 401K rollover clients. MICG Investment Management as a firm has several thousand clients. |
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| Q. |
Why should I roll over my 401K plan to your firm? |
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We take the time to understand you and to create and implement a plan tailored to your unique situation. |
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| Q. |
Do you provide a free initial consultation? |
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