Michael Scheel
Profolio Investments · Union, Kentucky
Michael Scheel is a fee-only financial advisor at Profolio Investments in Union, Kentucky. Michael charges a percentage of assets and an ongoing planning fee (ongoing planning from $450 a year and 0.65% a year on the first tier of assets managed) and focuses on small business owners.
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Specialties
Who they serve
- Ultra high net worth
Facts
| Firm | Profolio Investments |
|---|---|
| Based in | Union, Kentucky |
| Fee model | Percentage of assets · Ongoing planning fee |
| Fees (firm's website) | Ongoing planning from $450 a year · 0.65% a year on the first tier of assets managed · No asset minimum |
| Assets under management | $18.1M across 83 accounts |
| SEC registration | Investment adviser representative in KY, NJ, TX, UT · CRD 5003698 |
| Exams passed | Series 63 (2007) · Series 66 (2014) |
| Firm size | 1 employee |
| Disclosures | Reported; see the SEC record |
| Website | www.profolioinvest.com |
| Profile |
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Questions about Michael
Is Michael Scheel a fee-only financial advisor?
Yes, according to SEC records as of October 29, 2026: Michael holds no broker registration, and Profolio Investments 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 and an ongoing planning fee.
How much does Michael charge?
According to Profolio Investments's website, checked October 30, 2026: ongoing planning from $450 a year; 0.65% a year on the first tier of assets managed; no asset minimum.
Where is Michael Scheel based?
Michael Scheel is based in Union, Kentucky.
What does Michael specialize in?
Michael's specialties include small business owners. Michael works with ultra high net worth.
Is Michael Scheel registered with the SEC?
Yes. Michael Scheel is registered as an investment adviser representative in KY, NJ, TX and UT (CRD 5003698), per SEC Investment Adviser Public Disclosure data as of October 29, 2026. The record lists disclosures; see the SEC record for details.
How much does Profolio Investments manage?
Profolio Investments reports $18.1M across 83 accounts in assets under management.
How do I contact Michael Scheel?
Through Michael's website, www.profolioinvest.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
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
- Profolio Investments 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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