About Infinium Investment Advisors, LLC
Like many start-up businesses, Infinium Investment Advisors was born out of two driving forces: to build a better mouse trap to deliver personal financial services, and to fix the problems prevalent in the industry today.
In 2008, founder Mark Starosciak had spent a decade with Merrill Lynch as a financial advisor to dozens of families. A little thing called the Great Recession came along and brought down Wall Street giants such as Bear Sterns, Lehmann Brothers, and Merrill Lynch (until Bank of America saved them).
Although the large Wall Street firms had years of history and success behind them, their purpose had slowly been lost to the endless pursuit of fees and bottom-line financial results. The legacy of "Firm first, client second," that got those stalwarts into trouble still exists. The recent examples of Wells Fargo, Morgan Stanley, and others remind us that there is plenty of room for objective and unbiased financial advice in a sea of just the opposite.
We invite you to learn more about us and our mission to deliver valuable, low-cost financial advice to our clients.
See Disclosures
General Information
Firm Start Year
2009
No. of Employees
5-9
CRD#
4018163
Firm CRD#
149123
Name of Custodial Firm
Fidelity Investments
States Licensed in
All states served
Years of Experience in Financial Services
26
Number of Years with Current Firm
16
Work with the following types of clients
Individual Investors, Businesses
Advisory Services Provided
Financial Advice & Consulting, Investment Advice & Management, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Wealth Management
Compliance
Registered Investment Advisor
Yes
Investment Advisor Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Certifications, Accreditations & Designations
CFP®, CRPC®
Securities Licenses
Series 66
Financial Organization Memberships
Financial Planning Association (FPA)
Firm Information
Firm's Number of Clients
100+
Firm's Number of Planning Clients
100+
Firm's Number of Managed Clients
100+
Assets Managed by Firm
$120,000,000
Advisor's Number of Clients
120
Advisor's Number of Managed Clients
140
Advisor's Number of Planning Clients
140
Assets Managed by Advisor
$120,000,000
Compensation and Fees
Fee Structure
Fee-Only
Minimum Portfolio Size for New Managed Accounts
$500,000
Compensation Methods
Based on Assets, Hourly
Fee % Based on Assets
Negotiable
Hourly Rate
$250
Minimum Fee Charged for Managed Accounts
$2,500
Education
Bachelor of Arts - Liberal Arts
University of Michigan
9/1989 -6/1993
Masters of Business Administration - Business
University of Michigan
9/1993 -9/1995
Disclosures
Additional Detailed Disclosures
https://www.financialplanners.net/disclosure/1892898/financialplanners-Infinium-Investment-Advisors,-LLC-detailed-disclosure.html