MJ
CFP · ChFC
MJ
CFP · ChFC

Michael Johnston

19 Years of Experience
San Antonio, TX
Broker

Michael Johnston is a CFP, ChFC-designated registered investment advisor at Raymond James Financial Services Advisors, INC, based in San Antonio, TX, with 19 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 508,439 clients with $390B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6724 advisors
Number of Clients
508,439 clients
Average Client Portfolio
$767K average
Assets Under Management
$390.0B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum annual fee percentage is 2.25% of assets under advisement. Specific fees are negotiable with your financial advisor based on time, complexity, and portfolio size.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

18103 W Interstate 10, San Antonio, TX, 78257

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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 works as an Uber driver (independent contractor) since 2016. This takes about a quarter to half of his time.

Employment History
Current Registrations
Raymond James Financial Services, INC.Broker
December 2024 - Present · 1 yr 10 mos
Raymond James Financial Services Advisors, INC
December 2024 - Present · 1 yr 10 mos
Previous Registrations
J.P. Morgan Securities LLC
November 2022 - November 2024 · 2 yrs
J.P. Morgan Securities LLCBroker
November 2022 - November 2024 · 2 yrs
LPL Financial LLCBroker
November 2021 - March 2022 · 4 mos
LPL Financial LLC
November 2021 - March 2022 · 4 mos
Raymond James Financial Services Advisors, INC
July 2021 - October 2021 · 3 mos
Raymond James Financial Services, INC.Broker
January 2021 - October 2021 · 9 mos
J.P. Morgan Securities LLCBroker
November 2019 - January 2021 · 1 yr 2 mos
South Texas Money Management, LTD.
April 2016 - July 2016 · 3 mos
USAA Financial Planning Services
February 2004 - May 2014 · 10 yrs 3 mos
USAA Financial Advisors, INC.Broker
January 2004 - May 2014 · 10 yrs 4 mos
USAA Investment Management CompanyBroker
October 2000 - December 2003 · 3 yrs 2 mos
State Registrations1 state
TX
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.
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