MT
CFP
MT
CFP
Michael Townsend
33 Years of Experience
Chicago, IL
3 DisclosuresBroker
Michael Townsend is a CFP-designated registered investment advisor at Raymond James & Associates, INC., based in Chicago, IL, with 33 years of industry experience. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 2 more. Their firm serves 531,617 clients with $500B in assets under management.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
5669 advisors
IM Fee
Planning only
Assets Under Management
$501.0B
Fee Structure
Investment management only (planning not offered)
Hourly Rate:Up to $400/hr
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Location
120 S Riverside Plaza, Suite 700, Chicago, IL, 60606
Get directionsHistory
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
February 2004Denied
Customer Dispute
July 2003Settled
Customer Dispute
January 2001Settled
Employment History
Current Registrations
Raymond James & Associates, INC.
January 2018 - Present · 8 yrs 4 mos
Raymond James & Associates, INC.Broker
January 2018 - Present · 8 yrs 4 mos
Previous Registrations
Waddell & ReedBroker
November 2015 - January 2018 · 2 yrs 2 mos
Waddell & Reed
January 2015 - January 2018 · 3 yrs
Prospera Financial Services, INC.Broker
September 2013 - November 2015 · 2 yrs 2 mos
Prospera Financial Services, INC.
September 2013 - November 2015 · 2 yrs 2 mos
Ameriprise Financial Services, INC.
April 2009 - September 2013 · 4 yrs 5 mos
Ameriprise Financial Services, INC.Broker
March 2009 - September 2013 · 4 yrs 6 mos
Ameriprise Advisor Services, INC.
June 2003 - October 2009 · 6 yrs 4 mos
Ameriprise Advisor Services, INC.Broker
June 2003 - October 2009 · 6 yrs 4 mos
Rsm Mcgladrey, INC.
March 2003 - June 2003 · 3 mos
H&r Block Financial Advisors, INC.Broker
April 1993 - June 2003 · 10 yrs 2 mos
Gruntal & CO. IncorporatedBroker
October 1992 - April 1993 · 6 mos
State Registrations52 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTWAWIWVWY
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.