Michael Johnson
Michael Johnson is a registered investment advisor at Osaic Wealth, INC., based in San Antonio, TX, 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 Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
San Antonio, TX
Get directionsHistory
Regulatory History (2)
Regulatory
October 1991Employment Separation After Allegations
January 1991Other Business ActivitiesSells Insurance
Michael is an insurance agent offering disability, fixed, and traditional insurance products since 1986, dedicating about 10-20% of his time to this activity. He also serves as a trustee managing investment accounts for an immediate family member, spending minimal time on this.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Osaic Fs, INC.
Osaic Fs, INC.Broker
Entirety, INC.Broker
Cambridge-Newport Company, INC.Broker
First Investors CorporationBroker
State Registrations3 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.