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Michael Bowen

25 Years of Experience
Chicago, IL
BrokerSells Insurance

Michael Bowen is a registered investment advisor at Hightower Advisors, LLC, based in Chicago, IL, with 25 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 56,418 clients with $160B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1028 advisors
Number of Clients
56,418 clients
Average Client Portfolio
$2.9M average
Assets Under Management
$164.8B

Fee Structure

Hightower Advisors offers investment management services where fees are negotiable and can be calculated as a percentage of your portfolio. The percentage can be a flat rate, tiered based on asset levels, or tiered floating. Fees are typically deducted from your account and can be charged either in advance or after the service is provided, calculated quarterly or monthly. Some advisors may adjust fees based on significant deposits or withdrawals during the billing cycle. The firm may also household accounts for price breaks.

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Location

200 W. Madison St., Suite 2500, Chicago, IL, 60606

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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 ActivitiesSells Insurance

Michael is an investment advisor for WealthTrust - Arizona LLC, selling financial plans and services, dedicating full-time hours to this. He is also licensed to sell life, health, and disability insurance with AIG Life Insurance and sells variable annuities as part of his investment advisory activity, also dedicating full-time hours.

Employment History
Current Registrations
Hightower Advisors, LLC
November 2018 - Present · 7 yrs 10 mos
Hightower Securities, LLCBroker
October 2018 - Present · 7 yrs 11 mos
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
March 2008 - October 2018 · 10 yrs 7 mos
Wealthtrust Arizona
December 2006 - March 2019 · 12 yrs 3 mos
Aig Financial Advisors, INC.Broker
October 2005 - April 2008 · 2 yrs 6 mos
Wealth Trust - Arizona LLC
March 2002 - December 2006 · 4 yrs 9 mos
Sunamerica Securities, INC.Broker
November 2001 - October 2005 · 3 yrs 11 mos
Charles Schwab & CO., INC.Broker
July 2000 - July 2001 · 1 yr
State Registrations2 states
AZTX
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.