MP
CFP
MP
CFP

Michael Petersen

22 Years of Experience
Blaine, MN
BrokerSells Insurance

Michael Petersen is a CFP-designated registered investment advisor at Cetera Investment Advisers LLC, based in Blaine, MN, with 22 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10345 advisors
IM Fee
Planning only
Assets Under Management
$163.8B
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Location

Blaine, MN

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business ActivitiesSells Insurance

Michael is an advisory representative with AdvisorNet Financial Inc, providing fee-based financial planning and asset management. He also sells fixed life, disability, annuities, and long-term care insurance with various companies. Finally, Michael refers persons and entities to Choice Financial for online banking deposit accounts, dedicating minimal time to this activity.

Employment History
Current Registrations
Cetera Investment Advisers LLC
June 2023 - Present · 3 yrs 1 mo
Cetera Wealth Services, LLCBroker
May 2009 - Present · 17 yrs 2 mos
Previous Registrations
Advisornet Wealth Partners
February 2014 - November 2025 · 11 yrs 9 mos
Cetera Advisor Networks LLC
January 2014 - June 2023 · 9 yrs 5 mos
Ameriprise Financial Services, INC.Broker
May 2003 - May 2009 · 6 yrs
Ids Life Insurance CompanyBroker
May 2003 - July 2006 · 3 yrs 2 mos
State Registrations5 states
CAMNNEVAWI
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.