Advisor at Retirement Plan Advisors, LLC
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Firm
Retirement Plan Advisors, LLC
Location
Frisco, TX 75034
Credentials
Series 65
Industry experience
7 years
Michael Parker is a Series 65-licensed advisor at Retirement Plan Advisors, LLC with six years of industry experience. Prior to joining the firm in 2023, he worked at Independent Financial Partners and served for 30 years with the City of Mesquite. He is also a City Council Member for Post Oak Bend, Texas. Retirement Plan Advisors, LLC specializes in retirement plan design, fiduciary and investment consulting, and participant-level advisory services, primarily serving public-sector employers. The firm employs a strategic asset allocation approach and offers various discretionary and co-advisory programs tailored to employer-sponsored plans and individual clients.
Based on Retirement Plan Advisors, LLC
Based on Retirement Plan Advisors, LLC
Fixed fees for financial planning average $600 (basic) and $1,500 (comprehensive)
$0+: Tiered program fee for Team-Directed (WealthPort) based on account size, maximum total fee 2.25% annually $0+: Up to 2.25% annually for asset-based consulting fee in limited circumstances $0+: Up to 2.25% annually for Investment Managed Accounts $0+: Up to 2.25% annually for Retirement Plan Advisors’ PortfolioPlus $0+: Up to 2.25% annually for Advisor-Directed (WealthPort) $0+: Up to 2.15% annually for CAAP (WealthPort)
Commissions may be received from sale of insurance and securities products by affiliated broker/dealer representatives
Hourly fees for financial planning typically range from $100-$250 per hour, not to exceed $500 per hour
Account minimum: $25,000 Minimum fee: Minimum financial planning fee of $150 Fee-only: Financial planning fees may be fixed, hourly, or asset-based; hourly fees range from $100-$250 per hour, up to $500 per hour; fixed fees average $600 to $1,500
6371 Preston Road, #150
Frisco, TX 75034
Texas
Retirement Plan Advisors, LLC
2023 - Present (3 years)
Independent Financial Partners
2019 - 2023 (4 years)
City of Mesquite
1990 - 2020 (30 years)
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Verified by Warmer
Series 63, Series 66
Frisco, TX
Cetera
Series 63, Series 65, Series 66
Frisco, TX
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ChFC®
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Series 65
Corinth, TX
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Series 63, Series 65
Plano, TX
Gadiraju, Raju
Series 63
Addison, TX
Prudent Money Financial Services
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