Michael Soshnik
Michael Soshnik is a registered investment advisor at Raymond James Financial Services Advisors, INC, based in Wayzata, MN, with 42 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 Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 508,439 clients with $390B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.25% |
Maximum annual fee percentage is 2.25% of assets under advisement. Specific fees are negotiable with your financial advisor based on time, complexity, and portfolio size.
Fee Estimator
Location
1905 East Wayzata Boulevard, Suite 155, Wayzata, MN, 55391
Get directionsHistory
Regulatory History (2)
Customer Dispute
December 2002Criminal
April 1981Other Business Activities
Michael is an owner of GPS Capital Management, LLC since 2017, dedicating minimal time. He is also an owner of North Shore Capital Management since 2003, dedicating minimal time.
Employment History
Current Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Previous Registrations
U.S. Bancorp Piper Jaffray INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations42 states
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
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