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Michael Risko

Osaic Institutions, INC.
35 Years of Experience
Kingston, NY
3 DisclosuresBroker
View SEC Summary
View SEC Summary

Michael Risko is a registered investment advisor at Osaic Institutions, INC., based in Kingston, NY, with 35 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 9 more. Their firm serves 16,312 clients with $6.5B in assets under management.

Osaic Institutions, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
570 advisors
Number of Clients
16,312 clients
Average Client Portfolio
$398K average
Assets Under Management
$6.5B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Maximum advisory fee is generally 2.50% and is negotiable between the advisor and client.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1296 Ulster Ave., Kingston, NY, 12401

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2024
Settled
Customer Dispute
June 2023
Settled
Customer Dispute
December 2022
Denied
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Osaic Institutions, INC.Broker
July 2016 - Present · 10 yrs 3 mos
Osaic Institutions, INC.
July 2016 - Present · 10 yrs 3 mos
Previous Registrations
Essex National Securities, LLC
July 2010 - July 2016 · 6 yrs
Essex National Securities, INC.
November 2009 - June 2010 · 7 mos
Essex National Securities, LLCBroker
November 2009 - July 2016 · 6 yrs 8 mos
Barclays Global Fund Advisors
October 2007 - April 2009 · 1 yr 6 mos
Barclays Global Investors ServicesBroker
October 2007 - April 2009 · 1 yr 6 mos
A I M Distributors, INC.Broker
April 2007 - September 2007 · 5 mos
Aim Private Asset Management
April 2007 - September 2007 · 5 mos
Dividend Capital Securities, LLCBroker
March 2006 - April 2007 · 1 yr 1 mo
Aim Private Asset Management
June 2002 - February 2006 · 3 yrs 8 mos
A I M Distributors, INC.Broker
June 1998 - February 2006 · 7 yrs 8 mos
Fortis Investors, INC.Broker
July 1997 - June 1998 · 11 mos
Washington Square Securities, INC.Broker
October 1995 - October 1996 · 1 yr
Reliastar Financial Marketing CORP.Broker
March 1995 - October 1995 · 7 mos
Oppenheimerfunds Distributor, INC.Broker
October 1991 - February 1995 · 3 yrs 4 mos
Invest Financial CorporationBroker
September 1989 - October 1991 · 2 yrs 1 mo
State Registrations5 states
CTFLMINJNY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
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