Michael Nielsen is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Salt Lake City, UT, 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 Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
452 East 500 South, Salt Lake City, UT, 84111
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is the manager of NFS Mcrae LLC, a real estate limited liability company, dedicating minimal time to paying bills, banking, collecting rent, filing taxes, and making financial and repair decisions. He is also the President of Nielsen Financial Services, Inc., spending a few hours per week providing managerial support, financial bookkeeping, and processing payroll.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Sagepoint Financial, INC.
Nielsen Financial Services, INC.
Sagepoint Financial, INC.Broker
Sunamerica Securities, INC.Broker
State Registrations29 states
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