MB
MB

Michael Benson

27 Years of Experience
Edina, MN
Broker

Michael Benson is a registered investment advisor at RBC Capital Markets, LLC, based in Edina, MN, 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 Charitable Giving, Estate Planning, Investment Management, Retirement Planning. Their firm serves 283,910 clients with $310B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3777 advisors
IM Fee
Planning only
Assets Under Management
$310.4B

Fee Structure

RBC Financial Planning services are offered for a one-time fee, providing a personalized analysis and written advice to help you assess your financial situation and your ability to pursue specific financial goals. Fees are negotiated within a range of $1,000 to $20,000, but in certain cases a fee higher than $20,000 may be negotiated.

One-Time Plan:$1,000 - $20,000
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Location

7650 Edinborough Way, Suite 800, Edina, MN, 55435-5982

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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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Other Business Activities

Michael serves on the Board of Directors for the Apostle Islands Historic Preservation Conservancy, a charitable foundation. He dedicates minimal time per month to helping facilitate grants to preserve historic structures.

Employment History
Current Registrations
RBC Capital Markets, LLC
February 2013 - Present · 13 yrs 3 mos
RBC Capital Markets, LLC
February 2013 - Present · 13 yrs 3 mos
RBC Capital Markets, LLCBroker
February 2013 - Present · 13 yrs 3 mos
Previous Registrations
Morgan Stanley
June 2009 - February 2013 · 3 yrs 8 mos
Morgan StanleyBroker
June 2009 - February 2013 · 3 yrs 8 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
August 2006 - April 2007 · 8 mos
Morgan Stanley
November 2002 - January 2006 · 3 yrs 2 mos
Morgan Stanley Dw INC.Broker
January 1999 - April 2007 · 8 yrs 3 mos
State Registrations32 states
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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.