Michael Beardsley
Michael Beardsley is a registered investment advisor at Internet Securities, based in Oakland, CA, with 28 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
Fees and compensation vary for each series LLC. One series LLC may have a 2% annual management fee for three years, while another may have a one-time upfront fee of 2%. Management fees will not exceed 3% annually of an investor's capital in a given series LLC. Special Purpose Vehicles (SPVs) may have an upfront fee of 5% to 8% with no management or performance fees.
Location
300 Frank H. Ogawa Plaza, Suite 238, Oakland, CA, 94612
Get directionsHistory
Regulatory History (3)
Regulatory
October 2011Regulatory
June 2010Customer Dispute
November 2009Other Business Activities
Michael is a general partner of Impact Technology Fund, a venture capital fund, spending about 10-20% of his time on this. He also oversees the RIA division, dedicating a few hours per week, and owns apartment and vacation home rentals, spending minimal time on the latter.
Employment History
Current Registrations
Internet Securities
Rainmaker Securities, LLC
Rainmaker Securities, LLCBroker
Previous Registrations
Internet Securities
Internet Securities
Internet SecuritiesBroker
Pacific Growth Equities, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations3 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.