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Michael Allen Iley

Advisor at M HOLDINGS SECURITIES, Inc. — Detroit, MI One Woodward Ave.

Updated today

Credentials

Series 66

Experience

23 years

Location

Detroit, MI 48226

M HOLDINGS SECURITIES, Inc. logo

M HOLDINGS SECURITIES, Inc.

Multi-team

Total advisors

174

Across 91 offices

Clients per advisor

25 Very Low

Avg AUM per client

$693,844 Typical

HNW client ratio

2% Very Low

About

Michael Iley is a Series 66-licensed financial advisor with 23 years of industry experience. He has worked at M Holdings Securities since 2017 and also serves as Managing Director of LoVasco Consulting Group, where he provides ongoing and project consulting to retirement plan sponsors. His prior experience includes roles at Kestra Financial Services and Arthur J. Gallagher & Co. M Holdings Securities, Inc. serves a diverse client base including individuals, retirement plans, and charitable organizations through a nationwide network of independent firms and professionals. The firm offers a wide range of advisory and brokerage services, combining discretionary and non-discretionary investment management with retirement plan consulting and financial planning.

Client services

Based on M HOLDINGS SECURITIES, Inc.

Financial planning Portfolio management Pension consulting Selection of other advisers Newsletters or periodicals Educational seminars or workshops

Expertise

Based on M HOLDINGS SECURITIES, Inc.

ESG / Sustainable investing Tax-loss harvesting

Occupation focus

Based on M HOLDINGS SECURITIES, Inc.

Executive Founder/Business Owner Retired

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Fee options

Fixed

Financial planning/consulting flat fees typically up to $10,000 depending on complexity; negotiable.

Percentage

$0 - $184,615: Negotiated program fee minus 0.013% plus $24 annual minimum platform fee $184,615 - $2,308,000: Negotiated program fee $2,308,000+: Negotiated program fee minus 0.013% (due to max platform fee $300) $0 - $1,000,000: 1.30% (M Wealth Investment Management Services - Customized) $1,000,001 - $3,000,000: 1.25% (M Wealth Investment Management Services - Customized) $3,000,001 - $5,000,000: 1.20% (M Wealth Investment Management Services - Customized) $5,000,001 - $10,000,000: 1.10% (M Wealth Investment Management Services - Customized) $10,000,001+: 1.05% (M Wealth Investment Management Services - Customized) $0 - $1,000,000: 1.22% (M Wealth Model Management Services) $1,000,001 - $3,000,000: 1.20% (M Wealth Model Management Services) $3,000,001+: 1.17% (M Wealth Model Management Services)

Commissions

Brokerage commissions on securities and insurance products sold through M Securities BD.

Project-based

Financial planning/consulting fees up to $500 per hour.

Other

Account minimum: $10,000 Minimum fee: Minimum annual platform fees apply; for example, WealthPursuit Prime, Schwab Programs, and Portfolio Advisory Services apply a minimum annual platform fee of $24, with maximum $300, which adjusts total advisory fee accordingly. Fee-only: Financial planning/consulting fees up to $500 per hour, or flat fees typically up to $10,000 depending on complexity; negotiable.

Location

See office

Detroit, MI One Woodward Ave.

One Woodward Ave., Ste 1500

Detroit MI 48226

Advisors at this office

6

Most active in

Michigan

Work history

23 years of industry experience

M Holdings Securities

2017 - Present • 9 years

Portland, OR

LoVasco Consulting Group

2017 - Present • 9 years

Detroit, MI

Kestra Financial Services, Inc.

2016 - 2017 • 1 year

Austin, TX

Arthur J. Gallagher & Co.

2013 - 2017 • 4 years

Bingham Farms, MI

Kestra Investment Services, LLc

2013 - 2016 • 3 years

Bloomfield Hills, MI

Wells Fargo Advisors

2008 - 2013 • 5 years

Birmingham, MI

Citigroup Global Markets

2006 - 2007 • 1 year

Disclosures

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

Business activities & affiliations

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Eldin F

Series 63, Series 65

Southfield, MI

Sterling Advisory Group LLC

Eldin Foco is a financial advisor at Sterling Advisory Group LLC with 18 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at several firms including CIG Capital Advisors and Cco Investment Services Corp. since 2012. Sterling Advisory Group provides portfolio management, financial planning, and retirement-plan consulting to individuals, families, trusts, foundations, businesses, and employer-sponsored plans. The firm manages client accounts on a tailored basis and also serves institutional clients, offering a range of strategic investment models that emphasize asset allocation, diversification, and Shariah-compliant selection.

ESG / Sustainable investing Private / alternative investments Equity compensation tax strategy Business succession planning Retirement income strategy Founder/Business Owner Executive Values-based investing
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John C

Series 63, Series 65

Grosse Pointe Farms, MI

Conway Asset Management, Inc.

John Conway is the principal advisor at Conway Asset Management, Inc. in Grosse Pointe Farms, MI, holding Series 63 and Series 65 licenses with 10 years of industry experience. He has been with Conway Asset Management since 1988. Conway Asset Management is an independent, state-registered advisory firm that provides discretionary portfolio management and limited hourly investment counseling to individuals, retirement plans, trusts, estates, and charitable organizations. The firm employs a fundamental investment approach focused on companies with strong growth and conservative balance sheets, managing accounts across equities, inflation hedges, fixed income, and cash equivalents.

Active portfolio management Options & derivatives strategies Concentrated stock management
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Frank C

Series 65

Detroit, MI

Jamerson-Crosby Investment Advisors LLC

Frank Crosby is a Series 65-licensed financial advisor with Jamerson-Crosby Investment Advisors LLC in Detroit, MI, bringing 12 years of industry experience. He concurrently works as a full-time research scientist at the U.S. Department of Defense's Naval Surface Warfare Center in Panama City, Florida. Jamerson-Crosby Investment Advisors LLC offers investment advisory and portfolio management services to individuals, trusts, estates, charitable organizations, foundations, and endowments. The firm employs a quantitative and economic analysis-driven investment process, combining long-term asset allocation with ongoing monitoring and rebalancing, and provides free services to nonprofit charitable organizations.

Active portfolio management Options & derivatives strategies
user avatar

David U

Series 66

Berkley, MI

Underhill Investments, LLC

David Underhill is the sole advisor at Underhill Investments, LLC, an independent firm based in Berkley, MI. He holds a Series 66 designation and has 14 years of experience in investment advisory services. In addition to his financial advisory work, Mr. Underhill is a licensed attorney providing estate planning services and a licensed insurance agent offering fixed annuities, life, and long-term care insurance. Underhill Investments provides discretionary portfolio management and co-advisory services primarily to individual and high-net-worth clients. The firm employs a blend of fundamental, technical, and cyclical analysis, incorporating long- and short-term positions and option strategies tailored to each client’s Investment Policy Statement.

ESG / Sustainable investing
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David R

CFP®, Series 66

Grosse Pointe Shores, MI

Tetra Wealth Management

David Rakecky is a CFP® and holds a Series 66 license with three years of industry experience. He is the sole advisor at Tetra Wealth Management in Grosse Pointe Shores, MI. His prior experience includes roles at Raymond James & Associates and Rocket Mortgage. Tetra Wealth Management provides discretionary investment supervisory services and financial planning to individuals and families, including trusts and retirement accounts. The firm’s portfolios emphasize long-term, diversified core exposures using ETFs and mutual funds, guided by written Investment Policy Statements and regular rebalancing.

Retirement income strategy Options & derivatives strategies Tax-loss harvesting Cash flow / budgeting Debt management
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Jason M

CFP®, Series 63, Series 65

Southgate, MI

Worldwide Capital Advisors, LLC

Jason Mcelroy is a CFP® with 16 years of industry experience and is the principal advisor at Worldwide Capital Advisors, LLC. He has been with Worldwide Capital Advisors since 2012 and also operates Downriver Income Tax, a tax preparation and accounting business he founded. Worldwide Capital Advisors provides discretionary asset management and financial planning services to individuals, high-net-worth clients, and business entities. The firm develops customized investment programs based on client goals and risk tolerances and offers comprehensive to topic-specific financial planning.

General tax planning College savings (529s, UTMA, etc.) Wealth management
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