MA
MA

Michael Asnis

24 Years of Experience
Chicago, IL
BrokerSells Insurance

Michael Asnis is a registered investment advisor at VALIC Financial Advisors, INC., based in Chicago, IL, with 24 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 2 more. Their firm serves 293,993 clients with $26B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1277 advisors
IM Fee
Planning only
Assets Under Management
$26.4B

Fee Structure

  • Financial planning fees depend on the complexity of your situation, the number of topics covered, the time needed to complete the plan, your net worth, and your location.
  • Consulting services are offered on a per-project basis, not exceeding $7,500 annually.
  • The total combined fee for a financial plan and consulting services will not exceed $10,000 annually.
One-Time Plan:Up to $5,000
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Location

500 West Madison, Suite 2850, Chicago, IL, 60661

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Michael works as a contract worker for Election Systems & Software on election days and as a doorman at Butch McGuire's bar. He also works as an agent for AGIA selling non-securities insurance products, dedicating a few hours per week to each of these activities.

Employment History
Current Registrations
VALIC Financial Advisors, INC.
June 2016 - Present · 9 yrs 11 mos
VALIC Financial Advisors, INC.Broker
June 2016 - Present · 9 yrs 11 mos
Previous Registrations
Waddell & Reed
October 2015 - June 2016 · 8 mos
Waddell & ReedBroker
July 2015 - June 2016 · 11 mos
J.P. Morgan Securities LLCBroker
October 2008 - March 2012 · 3 yrs 5 mos
J.P. Morgan Securities INC.Broker
November 2005 - October 2008 · 2 yrs 11 mos
Banc One Capital Markets, INC.Broker
August 2001 - August 2004 · 3 yrs
Banc One Brokerage International CorporationBroker
August 1998 - September 2001 · 3 yrs 1 mo
Painewebber IncorporatedBroker
January 1995 - August 1996 · 1 yr 7 mos
Kidder, Peabody & CO. IncorporatedBroker
December 1994 - January 1995 · 1 mo
State Registrations2 states
ILWI
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.