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Michael Armstrong

Ameritas Advisory Services, LLC
30 Years of Experience
Burnsville, MN
1 DisclosureBrokerSells Insurance
View SEC Summary
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Michael Armstrong is a registered investment advisor at Ameritas Advisory Services, LLC, based in Burnsville, MN, with 30 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 29,718 clients with $14B in assets under management.

Ameritas Advisory Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
548 advisors
Number of Clients
29,718 clients
Average Client Portfolio
$463K average
Assets Under Management
$13.7B

Fee Structure

Minimum Investment:$5K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K1.75%
$500K - $1.0M1.50%
$1.0M - $3.0M1.25%
$3M+1.00%

Fees vary by specific program selected. Some programs include an additional program fee ranging from 0.05% to 0.35% on top of the investment professional fee.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Burnsville, MN

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History

Regulatory History (1)
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Regulatory
July 2002
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is licensed as an independent insurance agent to sell fixed insurance products and works as a financial advisor with Olympus Financial Advisors. He also works as a vocalist and offers AARP Medicare Advantage and Supplemental plans, dedicating minimal time to each of these activities.

Employment History
Current Registrations
Ameritas Advisory Services, LLC
November 2021 - Present · 4 yrs 11 mos
Ameritas Investment Company, LLCBroker
June 2006 - Present · 20 yrs 4 mos
Previous Registrations
Ameritas Advisory Services
January 2014 - November 2021 · 7 yrs 10 mos
Carillon Investments, INC.Broker
January 2005 - June 2006 · 1 yr 5 mos
AXA Advisors, LLCBroker
June 1996 - January 2005 · 8 yrs 7 mos
The Equitable Life Assurance Society of the United StatesBroker
June 1996 - January 2000 · 3 yrs 7 mos
State Registrations2 states
FLMN
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.
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