Michael Moffitt
Michael Moffitt is a registered investment advisor at Silver Oak Securities, INC., based in West Des Moines, IA, with 40 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 2 more. Their firm serves 8,671 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Silver Oak Securities offers investment management through its Compass and AdvisorFX programs. The advisor fee is negotiable, with a maximum of 2% of assets. In addition to the advisor fee, there is a platform fee that includes a flat $45 per year and an asset-based fee between 0.08% and 0.15% for Compass accounts, and 0.20% for AdvisorFX accounts. Fees are billed quarterly or monthly, either in arrears or in advance. The platform fee covers access to account data, performance reporting, and other services.
Location
5550 Wild Rose Ln, Suite 400, West Des Moines, IA, 50266
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
September 1999Other Business ActivitiesSells Insurance
Michael is an agent for non-variable insurance through Cornerstone Financial Group and CFG Legacy Planners, and provides business planning/coaching, dedicating about a quarter of his time to each. He also owns/manages Southcrest Farms LLC, acts as a property owner, is a board member for Union County Development Assoc., and a trustee for a family trust, spending minimal time on each of these activities.
Employment History
Current Registrations
Silver Oak Securities, INC.
Silver Oak Securities, IncorporatedBroker
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Advantage Investment Management, LLC
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Cornerstone Financial Group
Walnut Street Securities, INC.Broker
Sunamerica Securities, INC.Broker
Anchor National Financial Services, INC.Broker
Waddell & Reed, INC.Broker
State Registrations11 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.