# Michael Shea

> Michael Shea is a fee-only financial advisor at True Equity Wealth Management LLC in Nashville, Tennessee, who holds the CFP and EA credentials. Michael charges a percentage of assets, a one-time planning fee and an ongoing planning fee (ongoing planning from $2,400 a year and one-time plans from $500) and focuses on retirement planning and estate & legacy planning.

Page: https://find.wellspent.co/advisors/michael-shea/
Built from public directory listings; last checked April 21, 2026.

## Facts

- **Firm:** True Equity Wealth Management LLC
- **Based in:** Nashville, Tennessee
- **Fee model:** Percentage of assets; One-time planning fee; Ongoing planning fee
- **Fees (firm's website):** ongoing planning from $2,400 a year; one-time plans from $500
- **Assets under management (firm):** $11.3M across 65 accounts
- **Credentials:** CFP, EA
- **Specialties:** Retirement planning, Estate & legacy planning
- **Works with:** High earners, Executives, Founders
- **CRD:** 6590570 (https://adviserinfo.sec.gov/individual/summary/6590570)
- **SEC registration:** Investment adviser representative in CA, TN
- **Exams passed:** Series 65 (2015)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** http://trueequitywealth.com

## Frequently asked questions

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

Yes. Michael Shea is listed in the XY Planning Network directory (XYPN members are fee-only). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Michael's firm.

### How does Michael charge for financial advice?

Michael charges a percentage of assets, a one-time planning fee and an ongoing planning fee.

### How much does Michael charge?

According to True Equity Wealth Management LLC's website, checked October 28, 2026: ongoing planning from $2,400 a year; one-time plans from $500.

### Where is Michael Shea based?

Michael Shea is based in Nashville, Tennessee.

### What does Michael specialize in?

Michael's specialties include retirement planning and estate & legacy planning. Michael works with high earners, executives and founders.

### What credentials does Michael Shea hold?

Michael Shea holds the CFP and EA credentials.

### Is Michael Shea registered with the SEC?

Yes. Michael Shea is registered as an investment adviser representative in CA and TN (CRD 6590570), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

### How much does True Equity Wealth Management LLC manage?

True Equity Wealth Management LLC reports $11.3M across 65 accounts in assets under management.

### How do I contact Michael Shea?

Through Michael's website, trueequitywealth.com.

## Sources

- XY Planning Network directory listing (https://www.xyplanningnetwork.com/find-an-advisor/michael-shea-10419): XYPN members are fee-only
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026
- The firm's website (https://trueequitywealth.com/): specialties, clients served, and fees, checked October 28, 2026

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