Michelle Severson
Michelle Severson is a registered investment advisor at Osaic Wealth, INC., based in Hibbing, MN, with 36 years of industry experience. Michelle 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
522 E. Howard Street, Suite 100, Hibbing, MN, 55746
Get directionsHistory
Regulatory History (1)
Customer Dispute
September 2014Other Business ActivitiesSells Insurance
Michelle is the owner and investment advisor representative of Severson Financial Strategies and Investments LLC. She dedicates full-time hours to securities and fixed insurance sales, as well as employee benefit packages.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Signator Investors, INC.Broker
Signator Investors, INC.
Transamerica Financial Advisors, INC.
Transamerica Financial Advisors, INCBroker
Sunamerica Securities, INC.Broker
Washington Square Securities, INC.Broker
Royal Alliance Associates, INC.Broker
State Registrations7 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.