Michael Wilkerson
Michael Wilkerson is a CFP-designated registered investment advisor at Osaic Advisory Services, LLC, based in Frankfort, KY, with 26 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 28,410 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Advisors offers investment management through several programs:
- Ally Account: Fees are negotiable, with a maximum annual fee of 2.50%. Transaction charges apply.
- Counsel Account: Fees are negotiable, with a maximum annual fee of 2.50%. This is a wrap account, so the fee covers both advice and transactions.
- Partner Program: Access to third-party managers with varying fees. Osaic either receives a portion of the fee or charges a separate consulting fee.
- Plan Participant Retirement Program: Maximum 3% annual fee, either fixed or tiered, based on assets in your retirement plan account.
Location
307 Washington Street, Frankfort, KY, 40601
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael is an owner of Capital Financial Advisors LLC, selling life and long-term care insurance. He also manages client assets through Arbor Point, serves as a board member for the Kentucky League of Cities Investment Pool, is the Mayor of Frankfort, KY, and owns rental real estate.
Employment History
Current Registrations
Osaic Advisory Services, LLC
Osaic Wealth, INC.Broker
Previous Registrations
Arbor Point Advisors
Securities America, INC.Broker
LPL Financial LLCBroker
LPL Financial LLC
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
LPL Financial LLCBroker
LPL Financial LLC
New England SecuritiesBroker
AXA Advisors, LLCBroker
Waterstone Financial Group, INC.Broker
Dreher & Associates, INC.Broker
Ids Life Insurance CompanyBroker
American Express Financial Advisors INC.Broker
State Registrations14 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.