Michael Wegge
Michael Wegge is a registered investment advisor at Osaic Wealth, INC., based in Los Angeles, CA, with 24 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
1925 Century Park E, Suite #1700, Los Angeles, CA, 90067
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
May 2019Customer Dispute
May 2012Other Business ActivitiesSells Insurance
Michael provides healthcare for his mother-in-law, works as a secretary for a medical practice, and serves as chairman for a church advisory committee. He also provides insurance coverage through BGA Brokerage Representatives and Independent Capital Management, and services existing insurance renewals, dedicating about 10-20% of his time to these insurance-related activities.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Sagepoint Financial, INC.Broker
Sagepoint Financial, INC.
Tiaa-Cref Individual & Institutional Services, LLCBroker
Advice and Planning Services
MML Investors Services, LLC
MML Investors Services, LLCBroker
Northwestern Mutual Investment Services,llc
Northwestern Mutual Investment Services, LLCBroker
World Group Securities, INC.Broker
Wma Securities, INC.Broker
State Registrations9 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.