Michael Rees
Michael Rees is a registered investment advisor at Osaic Advisory Services, LLC, based in St. Petersburg, FL, with 39 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 28,410 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Advisors offers investment management through several programs:
- Ally Account: Fees are negotiable, with a maximum annual fee of 2.50%. Transaction charges apply.
- Counsel Account: Fees are negotiable, with a maximum annual fee of 2.50%. This is a wrap account, so the fee covers both advice and transactions.
- Partner Program: Access to third-party managers with varying fees. Osaic either receives a portion of the fee or charges a separate consulting fee.
- Plan Participant Retirement Program: Maximum 3% annual fee, either fixed or tiered, based on assets in your retirement plan account.
Location
6414 1st Avenue N, St. Petersburg, FL, 33710
Get directionsHistory
Regulatory History (1)
Regulatory
July 1991Other Business Activities
Michael is involved in various business activities, including managing real estate holdings through Rees Family Trust and Rees Properties LLC, and consulting through Bay View Capital, Inc. He also holds positions at The Sherwin Group, Arbor Point Advisors, and OAS as an OSJ, overseeing advisory businesses.
Employment History
Current Registrations
Osaic Advisory Services, LLC
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
The Sherwin Group
Previous Registrations
Arbor Point Advisors
Securities America Advisors, INC.
Securities America, INC.Broker
Advantage Investment Management, LLC
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Bay View Capital, INC.
Walnut Street Securities, INC.Broker
Aegon USA Securities INC.Broker
Capital Investment Group, INC.Broker
Certified Investments CorporationBroker
Andrew Alen Securities, INC.Broker
All-Tech Investment Group, INC.Broker
B C Financial CorporationBroker
Blinder, Robinson & CO., INC.Broker
State Registrations1 state
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.