MS
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Michael Spriggs

30 Years of Experience
Chicago, IL
BrokerSells Insurance

Michael Spriggs is a registered investment advisor at Bankers Life Advisory Services, INC., based in Chicago, IL, with 30 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
504 advisors
Number of Clients
11,822 clients
Average Client Portfolio
$164K average
Assets Under Management
$1.9B

Fee Structure

Investment management only (planning not offered)

Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.

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Location

303 E. Wacker Drive, Ste 500, Chicago, IL, 60601

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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 is an agent with BLC. It is not specified what type of agent Michael is or how much time he dedicates to this activity, but it is likely insurance-related.

Employment History
Current Registrations
Bankers Life Advisory Services, INC.
August 2023 - Present · 2 yrs 9 mos
Bankers Life Securities, INC.Broker
July 2023 - Present · 2 yrs 10 mos
Previous Registrations
Scf Securities, INC.Broker
August 2021 - March 2023 · 1 yr 7 mos
Cadaret, Grant & CO., INC.Broker
February 2020 - March 2023 · 3 yrs 1 mo
Cuso Financial Services, L.P.Broker
February 2020 - March 2023 · 3 yrs 1 mo
Sorrento Pacific Financial, LLCBroker
February 2020 - March 2023 · 3 yrs 1 mo
Next Financial Group, INC.Broker
August 2008 - March 2023 · 14 yrs 7 mos
American General Securities IncorporatedBroker
September 2002 - July 2008 · 5 yrs 10 mos
Advantage Capital CorporationBroker
January 2001 - September 2002 · 1 yr 8 mos
Advantage Capital CorporationBroker
April 2000 - December 2000 · 8 mos
Advantage Capital CorporationBroker
August 1995 - October 1999 · 4 yrs 2 mos
Van Kampen American Capital Distributors, INC.Broker
January 1995 - August 1995 · 7 mos
American Capital Marketing, INC.Broker
July 1994 - January 1995 · 6 mos
State Registrations51 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
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.