Michael Peters
Michael Peters is a registered investment advisor at Osaic Wealth, INC., based in Long Beach, CA, with 25 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
3229 E Spring St, Suite 340, Long Beach, CA, 90806
Get directionsHistory
Regulatory History (2)
Financial
July 2021Customer Dispute
June 2013Other Business Activities
Michael is involved in several investment-related activities, including fly fishing guiding, working with the Department of Fish & Wildlife, and managing M.J. Peters & Associates. He also has an ATM machine business and operates MJ Peters Wealth Management as a DBA for his LPL business, dedicating about 35-50 hours per month to the latter.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Waddell & ReedBroker
Waddell & Reed
Crowell, Weedon & CO.
Crowell, Weedon & CO.Broker
UBS Financial Services INC.
UBS Financial Services INC.Broker
Morgan Stanley
Morgan Stanley Dw INC.Broker
State Registrations15 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.