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Michael Saunders

31 Years of Experience
Louisville, KY
2 DisclosuresBrokerSells Insurance

Michael Saunders is a registered investment advisor at Cetera Investment Advisers LLC, based in Louisville, KY, with 31 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10345 advisors
IM Fee
Planning only
Assets Under Management
$163.8B
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Location

10503 Timberwood Circle, Suite 205, Louisville, KY, 40223

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History

Regulatory History (2)
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
April 2005
Settled
Customer Dispute
June 2004
Denied
Other Business ActivitiesSells Insurance

Michael is an insurance agent selling life, disability, annuities, and long-term care insurance, dedicating a few hours per week. He is also a registered representative with Commonwealth Capital Management, LLC, spending about a quarter of his time in this role, and a board member for his condo association, requiring minimal time.

Employment History
Current Registrations
Cetera Investment Advisers LLC
June 2023 - Present · 2 yrs 11 mos
Cetera Wealth Services, LLC
December 2019 - Present · 6 yrs 5 mos
Cetera Wealth Services, LLCBroker
December 2019 - Present · 6 yrs 5 mos
Previous Registrations
Cetera Advisor Networks LLC
December 2019 - June 2023 · 3 yrs 6 mos
Ameriprise Financial Services, INC.
September 2003 - December 2019 · 16 yrs 3 mos
Ameriprise Financial Services, INC.Broker
November 1994 - December 2019 · 25 yrs 1 mo
Ids Life Insurance CompanyBroker
November 1994 - July 2006 · 11 yrs 8 mos
State Registrations10 states
AZCAFLGAINKYOHORTXVA
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.
Michael Saunders - Financial Advisor | TrueAdvisor