Michael Jones
Michael Jones is a CFP, ChFC-designated registered investment advisor at Silver Oak Securities, INC., based in Louisville, KY, with 37 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
Louisville, KY
Get directionsHistory
Regulatory History (3)
Judgment / Lien
December 2016Judgment / Lien
April 2012Customer Dispute
October 1998Other Business ActivitiesSells Insurance
Michael is the owner and independent insurance agent for various independent insurance companies through Lifetime Financial Solutions Inc, dedicating full-time hours to this. He also serves as a board member for Mercy Academy, spending minimal time, and works as an enrollment agent/tax preparer/accountant for Associates in Accounting CPA, spending about 10-20% of his time. Finally, Michael is the owner of Spiritual Coach Institute Life Coaching, spending about a quarter of his time.
Employment History
Current Registrations
Silver Oak Securities, INC.
Silver Oak Securities, IncorporatedBroker
Previous Registrations
Silver Oak Securities, INC.
Cambridge Investment Research, INC.Broker
Cambridge Investment Research Advisors, INC.
First Allied Advisory Services, INC.
First Allied Securities, INC.Broker
Onyx Wealth Advisors, INC.
Cambridge Legacy Securities L.L.C.Broker
US Financial Advisors, LLC
Lincoln Financial Securities CorporationBroker
LPL Financial Corporation
LPL Financial CorporationBroker
John Hancock Distributors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
Nwnl Management CorporationBroker
Mony Securities CORP.Broker
MML Investors Services, INC.Broker
Equity Services, INC.Broker
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.