Michael Nixon
Michael Nixon is a registered investment advisor at Bankers Life Advisory Services, INC., based in West Des Moines, IA, with 16 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.
Location
160 South 68th Street Ste 1205, West Des Moines, IA, 50266
Get directionsHistory
Regulatory History (3)
Customer Dispute
November 2023Customer Dispute
November 2018Customer Dispute
May 2018Other Business ActivitiesSells Insurance
Michael is a unit supervisor at Bankers Life and Casualty, where he recruits and trains insurance agents and facilitates the sale of various insurance products. He also serves as President of Nixon Financial, LLC, a pass-through entity through which no client business is conducted.
Employment History
Current Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
Previous Registrations
Investment Advisors
Proequities, INC.Broker
Securian Financial Services, INC.
Securian Financial Services, INC.Broker
State Registrations6 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.