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Michael Rosenberg

Osaic Wealth, INC.
43 Years of Experience
Maumee, OH
1 DisclosureBrokerSells Insurance
View SEC Summary
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Michael Rosenberg is a registered investment advisor at Osaic Wealth, INC., based in Maumee, OH, with 43 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.

Osaic Wealth, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9240 advisors
Number of Clients
575,512 clients
Average Client Portfolio
$408K average
Assets Under Management
$234.9B

Fee Structure

Minimum Investment:$5.5K
Planning is included in investment management (also available separately)

Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.

  • Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
  • Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
  • Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.

Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.

View Full SEC Brochure

Location

655 Beaver Creek Circle, Maumee, OH, 43537

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History

Regulatory History (1)
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Customer Dispute
September 1997
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael works as a financial professional at Savage and Associates, Inc. and Savage and Associates - Securities DBA, spending nearly full-time overseeing client investments and managing portfolios. Michael is also an insurance agent, selling life and health insurance, dedicating minimal time to this activity.

Employment History
Current Registrations
Osaic Wealth, INC.
July 2013 - Present · 13 yrs 3 mos
Osaic Wealth, INC.
July 2013 - Present · 13 yrs 3 mos
Osaic Wealth, INC.Broker
July 2013 - Present · 13 yrs 3 mos
Previous Registrations
Walnut Street Securities, INC.
July 2004 - July 2013 · 9 yrs
Walnut Street Securities, INC.Broker
April 2001 - July 2013 · 12 yrs 3 mos
Savage and Associates, INC.
September 2000 - April 2014 · 13 yrs 7 mos
Royal Alliance Associates, INC.Broker
November 1989 - May 2001 · 11 yrs 6 mos
Integrated Resources Equity CorporationBroker
June 1983 - November 1989 · 6 yrs 5 mos
State Registrations22 states
AZCACOFLGAIDILINKSKYMINCNJNVNYOHPASCTNTXVAWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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