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CFP

Michael Weisman

Mutual Advisors, LLC
42 Years of Experience
Clayton, MO
1 DisclosureBrokerSells Insurance
View SEC Summary
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Michael Weisman is a CFP-designated registered investment advisor at Mutual Advisors, LLC, based in Clayton, MO, 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, Charitable Giving, Corporate Executives, Education Planning, and 7 more. Their firm serves 9,473 clients with $8.5B in assets under management.

Mutual Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
154 advisors
Number of Clients
9,473 clients
Average Client Portfolio
$902K average
Assets Under Management
$8.5B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Annual management fee ranges up to 2.00% and is negotiable. Fees can be structured as a flat percentage, tiered schedule, or linear schedule. American Funds accounts range from 0.25% to 1.25%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

165 North Meramec Ave., Suite 430, Clayton, MO, 63105

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2005
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is an independent insurance agent selling life insurance and long-term care insurance, dedicating minimal time to this. He also owns a condo property and is the president of Vicus Financial Advisors, LLC, where he engages in financial planning, insurance, and investments full-time.

Employment History
Current Registrations
Mutual Securities, INC.Broker
September 2022 - Present · 4 yrs 1 mo
Mutual Advisors, LLC
September 2022 - Present · 4 yrs 1 mo
Previous Registrations
Cetera Advisor Networks LLCBroker
September 2013 - September 2022 · 9 yrs
Cetera Advisor Networks LLC
September 2013 - September 2022 · 9 yrs
Vicus Capital, INC.
June 2010 - September 2022 · 12 yrs 3 mos
Walnut Street Securities, INC.
July 2004 - September 2013 · 9 yrs 2 mos
Polaris Capital Advisors INC
October 1995 - November 2006 · 11 yrs 1 mo
Polaris Capital Advisors INC
October 1995 - July 2003 · 7 yrs 9 mos
Walnut Street Securities, INC.Broker
February 1987 - September 2013 · 26 yrs 7 mos
American Capital Equities, INC.Broker
August 1985 - February 1987 · 1 yr 6 mos
Financial Planners Equity CorporationBroker
July 1984 - August 1985 · 1 yr 1 mo
State Registrations10 states
AZCACOFLILINMONVTXWA
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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