Michael J. Henzes
OPEN WEALTH NETWORK
Pottstown, PA
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CRD#: 4032996
Professional summary
Michael John Henzes JR, CFP® is a registered financial advisor currently at OPEN WEALTH NETWORK located in Pottstown, Pennsylvania.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1999. Michael has worked at 10 firms and has passed the Series 63, Series 65, SIE and Series 7 exams.
Biography
Michael Henzes is a flat dollar fee-only financial planner who provides financial planning and investment management services to clients in the greater Philadelphia area and beyond. The following are some unique aspects of his business:
Advice Only – There are no product sales so you never have to worry about being sold something you don’t want.
Flat dollar fee – You won't pay more because your accounts are growing.
No upfront fees – You get billed after the work is done - not before.
CFP® Professional – Rigorously trained and dedicated to your best interest.
Experienced – Over 20 years experience in financial services and accounting.
Mike serves a diverse clientele from many professions and stages of life; however, many of his clients have one or more of the following characteristics:
Married couples or independent women
$200,000+ of household income OR $400,000+ of accumulated investments
Clients who enjoy collaborating on goal design and strategy but prefer to delegate implementation
Growing families with college bound children
Work in the IT, Life science, Biotech, Pharmaceutical, and Medical professions
Affected by sudden events, e.g. job loss, divorce, death, etc.
Question & Answer
What are your service offerings?
Education Planning
Employee and Employer Plan Ben...
Comprehensive Financial Planni...
Tax Planning
Insurance Planning
Social Security Planning
Investment Planning
Estate Planning
Retirement Planning
Do you have an area of expertise or specialization?
Business Owners
College/Education Planning
Corporate Executives
Entrepreneurs
Fixed Fee (Subscription, Retai...
Generation X
What is your minimum asset requirement?
100K
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Michael John Henzes has been employed as a seasonal tax expert for Intuit, Inc., located in Mountain View, CA, since January, 2020. Intuit, the maker of popular products such as TurboTax, Quickbooks, and Mint, is a financial technology company. The tax expert role is non-investment related and requires approximately 80 hours per month from January through April, of which only 40 hours per month are devoted during securities trading hours. The role involves assisting Intuit customers with product and tax related questions.
CRS (Client Relationship Summary) - RIA
Click below to view Michael John Henzes JR's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 2009
Experience
Current
January 2, 2019 - Present
OPEN WEALTH NETWORK
RIA
CRD#: 298943
Pottstown, PA
Past
December 9, 2016 - December 18, 2018
OSAIC WEALTH, INC.
RIA
CRD#: 23131
FT. WASHINGTON, PA
Past
January 15, 2015 - October 31, 2017
RETIREMENT ADVISORY SERVICES CORP
RIA
CRD#: 108609
FORT WASHINGTON, PA
Past
January 14, 2015 - December 18, 2018
OSAIC WEALTH, INC.
BD
CRD#: 23131
FT. WASHINGTON, PA
Past
March 15, 2010 - January 6, 2015
MAIN LINE FINANCIAL ADVISORS, LLC.
RIA
CRD#: 121583
MALVERN, PA
Past
March 10, 2010 - December 16, 2014
FSC SECURITIES CORPORATION
RIA
CRD#: 7461
POTTSTOWN, PA
Past
February 19, 2010 - February 3, 2015
FSC SECURITIES CORPORATION
BD
CRD#: 7461
POTTSTOWN, PA
Past
September 9, 2008 - April 1, 2010
STERLING FINANCIAL ADVISORS, LLC
RIA
CRD#: 111962
WYOMISSING, PA
Past
May 25, 2007 - April 23, 2008
SEI INVESTMENTS MANAGEMENT CORP
RIA
CRD#: 105146
OAKS, PA
Past
November 26, 2001 - December 1, 2004
SEI INVESTMENTS DISTRIBUTION CO.
BD
CRD#: 10690
OAKS, PA
Past
November 19, 1999 - October 2, 2001
IDS LIFE INSURANCE COMPANY
BD
CRD#: 6321
MINNEAPOLIS, MN
Past
November 19, 1999 - October 2, 2001
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
MINNEAPOLIS, MN
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Pennsylvania(1/2/2019)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
OPEN WEALTH NETWORK
M3L BUSINESS DEVELOPMENT LLC | OPEN WEALTH NETWORK
CRD#: 298943 / SEC#:
Pennsylvania
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Contact information
Main Address
Pottstown, PA
Mailing Address
Phone number
(610) 702-4083
Established
Firm type
Fiscal year end
# of Employees
1
Regulatory assets under management
| Total Number of Accounts | 218 |
| AUM (Assets Under Management) | $ 43,233,729 |
Red Flags
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