# Michael Alexenko

> Michael Alexenko is a fee-only financial advisor at Royal Asset Managers in St. Charles, Illinois, who holds the CFA credential. Michael charges a percentage of assets, a flat fee or retainer and hourly fees (one-time plans from $1,500 and $300 an hour).

Page: https://find.wellspent.co/advisors/michael-alexenko/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Royal Asset Managers
- **Based in:** St. Charles, Illinois
- **Fee model:** Percentage of assets; Flat fee or retainer; Hourly
- **Fees (firm's website):** one-time plans from $1,500; $300 an hour; 0.8% a year on the first tier of assets managed
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $79.8M across 42 accounts
- **Credentials:** CFA
- **Works with:** Executives, Retirees, Early-career professionals, High earners
- **CRD:** 4448315 (https://adviserinfo.sec.gov/individual/summary/4448315)
- **SEC registration:** Investment adviser representative in IL
- **Exams passed:** Series 63 (2002)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** https://www.royalassetmanagers.com/

## Frequently asked questions

### Is Michael Alexenko a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Michael holds no broker registration, and Royal Asset Managers reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Michael charge for financial advice?

Michael charges a percentage of assets, a flat fee or retainer and hourly fees.

### How much does Michael charge?

According to Royal Asset Managers's website, checked October 30, 2026: one-time plans from $1,500; $300 an hour; 0.8% a year on the first tier of assets managed.

### Where is Michael Alexenko based?

Michael Alexenko is based in St. Charles, Illinois.

### What credentials does Michael Alexenko hold?

Michael Alexenko holds the CFA credential.

### Is Michael Alexenko registered with the SEC?

Yes. Michael Alexenko is registered as an investment adviser representative in IL (CRD 4448315), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Royal Asset Managers manage?

Royal Asset Managers reports $79.8M across 42 accounts in assets under management.

### How do I contact Michael Alexenko?

Through Michael's website, www.royalassetmanagers.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/4448315): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://www.royalassetmanagers.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.