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Michael Scott

27 Years of Experience
Scottsdale, AZ
Broker

Michael Scott is a registered investment advisor at Osaic Wealth, INC., based in Scottsdale, AZ, with 27 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9246 advisors
Number of Clients
574,829 clients
Average Client Portfolio
$348K average
Assets Under Management
$200.3B

Fee Structure

Minimum Investment:$5.5K

Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.

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Location

18700 N. Hayden Road, Suite 255, Scottsdale, AZ, 85255

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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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Employment History
Current Registrations
Osaic Wealth, INC.Broker
November 2023 - Present · 2 yrs 6 mos
Osaic Wealth, INC.
November 2023 - Present · 2 yrs 6 mos
Previous Registrations
Fsc Securities Corporation
April 2008 - November 2023 · 15 yrs 7 mos
Fsc Securities CorporationBroker
April 2008 - November 2023 · 15 yrs 7 mos
Nylife Securities LLCBroker
November 1998 - July 2007 · 8 yrs 8 mos
Dean Witter Reynolds INC.Broker
May 1997 - February 1998 · 9 mos
Royce Investment Group, INC.Broker
October 1996 - June 1997 · 8 mos
Gkn Securities CORP.Broker
September 1996 - October 1996 · 1 mo
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.