Milton Flanagan
Milton Flanagan is a ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Orland Park, IL, with 26 years of industry experience. Milton is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.
- Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
- Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
- Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.
Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.
Location
15255 S 94th Ave, Suite 500, Orland Park, IL, 60462
Get directionsHistory
Regulatory History (3)
Employment Separation After Allegations
January 2014Customer Dispute
January 2011Customer Dispute
August 2009Other Business ActivitiesSells Insurance
Milton is the president of Flanagan Financial Services, Inc., where he sells fixed and non-variable annuities, dedicating about a third of his time to this activity. He also engages in various other activities, including managing a family legacy fund, teaching retirement classes, writing educational materials, and operating an LLC for tax purposes.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Fifth Third Securities, INC.
Fifth Third Securities, INC.Broker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Citicorp Investment Services
Citicorp Investment ServicesBroker
Metropolitan Life Insurance CompanyBroker
Metlife Securities INC.Broker
State Registrations26 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.
Exams
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