MD
MD

Michelle Derouen

21 Years of Experience
Schaumburg, IL
BrokerSells Insurance

Michelle Derouen is a registered investment advisor at Cetera Investment Advisers LLC, based in Schaumburg, IL, with 21 years of industry experience. Michelle 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
Loading...

Location

1450 American Lane, 6th Floor, Suite 650, Schaumburg, IL, 60173-2096

Get directions

History

Regulatory History
Clean regulatory record

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

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Michelle is involved in several activities, including volunteer work for the American Cancer Society and Junior League, and is a board member at First United Methodist Church. She also sells equity indexed annuities and other insurance products through Avantax, and owns Chellebelle1812 Art. Most of Michelle's time is dedicated to her role as a Senior Financial Advisor at KCS Wealth Advisors, LLC.

Employment History
Current Registrations
Cetera Wealth Services, LLCBroker
September 2025 - Present · 8 mos
Cetera Investment Advisers LLC
September 2025 - Present · 8 mos
Previous Registrations
Avantax Advisory Services
July 2008 - September 2025 · 17 yrs 2 mos
Avantax Investment Services, INC.Broker
March 2005 - September 2025 · 20 yrs 6 mos
State Registrations10 states
ALARFLIAKYLANCPATXVA
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.
Michelle Derouen - Financial Advisor | TrueAdvisor