M

Mid Michigan Insurance and Financial Services LLC

Updated today

Total assets under management

$6,235,626

Total clients

47

0% high-net worth

Total advisors

2

of 2 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

24

Average account size

$132,673

About

Mid Michigan Insurance and Financial Services provides investment advisory and financial planning services to individuals, trusts, companies and pension plans through a small, two-advisor practice serving roughly 47 clients. Its services include written financial plans, one‑time and as‑needed consultations, managed model‑portfolio solutions via third‑party managers, and the sale of life insurance and annuity products.

The firm operates primarily on a non‑discretionary basis and reports managing approximately $6,235,626 in non‑discretionary assets; model portfolios are selected and then implemented by a third‑party platform that may be given discretionary authority to trade. Investment advice incorporates fundamental, technical and cyclical analysis and employs strategic and tactical asset allocation and value‑oriented elements, with recommendations tailored to client‑provided risk tolerances.

Mid Michigan is notable among peers for its role as an insurance broker/agent and for affiliations with insurance wholesaling entities, which leads advisors to receive commission compensation for insurance and annuity sales and creates disclosed conflicts of interest. The brochure also discloses resolved client complaints related to annuity transactions, states the firm does not accept performance‑based fees, does not take trading discretion itself, and maintains only limited custody for fee deduction.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Annuities Wealth management General retirement planning

Fee options

Fixed

Fixed fee for financial planning and consulting services ranges from $0 (or waived) up to $10,000

Commissions

Investment adviser representatives also act as insurance agents and receive commissions for insurance and annuity products

Project-based

Hourly fee for financial planning and consulting services ranges from $0 (or waived) up to $500 per hour

Other

Account minimum: $100 minimum platform fee may be passed on to client Minimum fee: Platform provider may impose a minimum fee of $100.00 per account Fee-only: Financial planning and consulting services offered under hourly fees up to $500/hour and fixed fees up to $10,000

Main office location

Mid Michigan Insurance and Financial Services LLC

815 E Midland St Suite 2

Bay City MI 48706, United States

Number of offices

1

Most active in

Indiana · Michigan

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Quick links

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