Michael Parks
Upraise Wealth Advisory · Annapolis, Maryland
Michael Parks is a fee-only financial advisor at Upraise Wealth Advisory in Annapolis, Maryland, who holds the CFP credential. Michael charges a percentage of assets, a flat fee or retainer and a one-time planning fee (one-time plans from $2,500 and 1.25% a year on the first tier of assets managed).
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Facts
| Firm | Upraise Wealth Advisory |
|---|---|
| Based in | Annapolis, Maryland |
| Fee model | Percentage of assets · Flat fee or retainer · One-time planning fee |
| Fees (firm's website) | One-time plans from $2,500 · 1.25% a year on the first tier of assets managed |
| Assets under management | $6.3M across 30 accounts |
| Credentials | CFP |
| SEC registration | Investment adviser representative in MD · CRD 5124864 |
| Exams passed | Series 63 (2015) · Series 65 (2018) · Series 66 (2006) |
| Firm size | 1 employee |
| Disclosures | None reported |
| Website | www.upraisewealth.com |
How Michael's firm compares
- A one-time plan starts at $2,500, above the Maryland median of $830 for fee-only firms that publish prices.
- Upraise Wealth Advisory's average account is about $209,000, from its Form ADV (assets managed divided by 30 accounts).
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Questions about Michael
Is Michael Parks a fee-only financial advisor?
Yes, according to SEC records as of October 29, 2026: Michael holds no broker registration, and Upraise Wealth Advisory 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 a one-time planning fee.
How much does Michael charge?
According to Upraise Wealth Advisory's website, checked October 30, 2026: one-time plans from $2,500; 1.25% a year on the first tier of assets managed.
Where is Michael Parks based?
Michael Parks is based in Annapolis, Maryland.
What credentials does Michael Parks hold?
Michael Parks holds the CFP credential.
Is Michael Parks registered with the SEC?
Yes. Michael Parks is registered as an investment adviser representative in MD (CRD 5124864), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.
How much does Upraise Wealth Advisory manage?
Upraise Wealth Advisory reports $6.3M across 30 accounts in assets under management.
How do I contact Michael Parks?
Through Michael's website, www.upraisewealth.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Other fee-only advisors in Annapolis
Where this information comes from
- SEC adviser records : 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
- Upraise Wealth Advisory website : specialties, clients served, and fees, checked October 30, 2026
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 29, 2026
- Directory listing last checked October 30, 2026.
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