ML
CFP
ML
CFP

Michael Lauer

22 Years of Experience
Bloomington, MN
BrokerSells Insurance

Michael Lauer is a CFP-designated registered investment advisor at Cetera Investment Advisers LLC, based in Bloomington, 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

3800 American Blvd W, Suite 1500, Bloomington, MN, 55431

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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 sells life insurance, annuities, and long-term care products as an insurance agent since 2017. He also owns a storage rental business and operates Prowealth Financial as a DBA for financial services, dedicating about a quarter of his time to this. Finally, Michael owns Grindstone Financial, Inc. for expense management, spending minimal time on it.

Employment History
Current Registrations
Cetera Investment Advisers LLC
June 2023 - Present · 3 yrs 1 mo
Cetera Wealth Services, LLCBroker
July 2017 - Present · 9 yrs
Previous Registrations
Advisornet Wealth Management
July 2017 - September 2019 · 2 yrs 2 mos
Cetera Advisor Networks LLC
July 2017 - June 2023 · 5 yrs 11 mos
Capstone Advisory Group LLC
July 2013 - June 2017 · 3 yrs 11 mos
Cambridge Investment Research, INC.Broker
August 2010 - June 2017 · 6 yrs 10 mos
Capitalquest Securities, INC.Broker
June 2005 - September 2010 · 5 yrs 3 mos
Cambridge Investment Research, INC.Broker
November 2003 - June 2005 · 1 yr 7 mos
State Registrations14 states
CACOFLIAKSMIMNSCSDTNTXUTVAWI
AdvisorBrokerBoth

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Exams
No exam information available for this advisor.