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Michael Weister

15 Years of Experience
Sioux Falls, SD
3 DisclosuresBroker

Michael Weister is a registered investment advisor at Thrivent Investment Management INC., based in Sioux Falls, SD, with 15 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Retirement Planning. Their firm serves 77,792 clients with $17B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3110 advisors
Number of Clients
77,792 clients
Average Client Portfolio
$225K average
Assets Under Management
$17.5B

Fee Structure

Minimum Investment:$25K

Thrivent Investment Management offers several managed account programs, each with different investment options and strategies. The fees for these programs are based on a percentage of the assets in your account and are negotiable. The specific fee will depend on the program you choose, the assets in your account, and the complexity of your financial situation. Some programs may also have additional fees for tax overlay services or private wealth consulting. The fees are deducted from your account quarterly.

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Location

1152 E 77th St, Sioux Falls, SD, 57108

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History

Regulatory History (3)
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.
Customer Dispute
March 2021
Settled
Criminal
December 2001
Final Disposition
Criminal
November 2001
Final Disposition
Employment History
Current Registrations
Thrivent Investment Management INC.
May 2018 - Present · 8 yrs
Thrivent Investment Management INC.
May 2018 - Present · 8 yrs
Thrivent Investment Management INC.Broker
May 2018 - Present · 8 yrs
Previous Registrations
Edward Jones
August 2010 - March 2018 · 7 yrs 7 mos
Edward JonesBroker
August 2010 - March 2018 · 7 yrs 7 mos
State Registrations12 states
AZCOFLGAIAMIMNMONESDVAWI
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.