Michael Johnson
Michael Johnson is a registered investment advisor at Osaic Wealth, INC., based in Lewes, DE, 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
404-A East Savannah Road, Lewes, DE, 19958
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Regulatory History (1)
Customer Dispute
April 2016Other Business ActivitiesSells Insurance
Michael is the President/Owner of Peninsula Financial Group, providing tax preparation services and managing client portfolios. He also sells life, health, and long-term care insurance through Peninsula Financial Group and Peninsula Health Alliance, Inc., and manages commercial property development through Route Nine Enterprises LLC.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Questar Asset Management, INC.
Questar Capital Corporation
Questar Capital CorporationBroker
Sunamerica Securities, INC.Broker
Securities America, INC.Broker
New England SecuritiesBroker
New England SecuritiesBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations10 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.