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Michael Kanner

Raymond James Financial Services Advisors, INC
23 Years of Experience
Vero Beach, FL
2 DisclosuresBroker
View SEC Summary
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Michael Kanner is a registered investment advisor at Raymond James Financial Services Advisors, INC, based in Vero Beach, FL, with 23 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.

Raymond James Financial Services Advisors, INC
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
—
View Full SEC Brochure

Location

601 21st Street, Suite 300, Vero Beach, FL, 32960

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Employment Separation After Allegations
July 2019
Customer Dispute
July 2013
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is involved with several non-profit organizations, serving as a board member or advisory board member for multiple entities, dedicating minimal time to each. He also founded The Kanner Family Foundation and is involved with IRC Properties LLC, a rental real estate venture.

Employment History
Current Registrations
Raymond James Financial Services Advisors, INC
July 2019 - Present · 7 yrs 3 mos
Raymond James Financial Services, INC.Broker
July 2019 - Present · 7 yrs 3 mos
Previous Registrations
Morgan StanleyBroker
June 2009 - July 2019 · 10 yrs 1 mo
Morgan Stanley
June 2009 - July 2019 · 10 yrs 1 mo
Morgan Stanley & CO. Incorporated
April 2009 - June 2009 · 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2009 - June 2009 · 2 mos
Edward Jones
January 2008 - April 2009 · 1 yr 3 mos
Edward JonesBroker
December 2004 - April 2009 · 4 yrs 4 mos
Wachovia Securities, LLCBroker
September 2004 - November 2004 · 2 mos
Edward JonesBroker
March 2003 - September 2004 · 1 yr 6 mos
State Registrations47 states
AKALARAZCACOCTDCDEFLGAHIIAILINKSKYLAMAMDMEMIMNMOMTNCNDNENHNJNMNVNYOHOKORPARISCTNTXUTVAVTWAWVWY
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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