Michael Duboise
Michael Duboise is a CFP-designated registered investment advisor at Prospera Financial Services, INC., based in El Paso, TX, with 23 years of industry experience. Their practice areas include Estate Planning, Retirement Planning. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospera Financial Services offers investment management through various programs. The fees are based on a percentage of your portfolio's value and are negotiable, but the maximum annual fee is 2.15%. The specific fee and services are agreed upon in an advisory agreement. Fees are typically deducted from your account. Some programs may have additional fees, such as transaction costs or sub-account fees. Prospera also participates in revenue sharing with custodians and other third parties, which creates a conflict of interest.
Location
El Paso, TX
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
November 2020Customer Dispute
October 2009Other Business ActivitiesSells Insurance
Michael is a partner in Bigtime Living LLC since 2007, spending minimal time on it. Since 2020, he has also been an insurance agent for various insurance carriers through W&R Insurance Agencies.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
Waddell & Reed
Waddell & ReedBroker
Morgan Stanley
Morgan StanleyBroker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Ws Griffith Securities, INC.
Ws Griffith Securities, INC.Broker
State Registrations14 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.