MS
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Michael Shoemaker

15 Years of Experience
Atlanta, GA
4 DisclosuresBrokerSells Insurance

Michael Shoemaker is a registered investment advisor at Bankers Life Advisory Services, INC., based in Atlanta, GA, with 15 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 14,314 clients with $2.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
534 advisors
Number of Clients
14,314 clients
Average Client Portfolio
$174K average
Assets Under Management
$2.5B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Fees range from 0.50% to 2.50% annually and are negotiable based on portfolio size and other business considerations.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

2849 Paces Ferry Rd Se., Suite 360, Atlanta, GA, 30339

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History

Regulatory History (4)
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
September 2021
Denied
Customer Dispute
June 2019
Denied
Customer Dispute
August 2016
Settled
Customer Dispute
May 2014
Denied
Other Business ActivitiesSells Insurance

Michael works as a Unit Sales Manager and Insurance Agent for Bankers Life since 2005, dedicating about half of his time to these roles. He sells insurance, trains and recruits insurance agents, and sells equity indexed annuities.

Employment History
Current Registrations
Bankers Life Advisory Services, INC.
November 2016 - Present · 9 yrs 11 mos
Bankers Life Securities, INC.Broker
May 2016 - Present · 10 yrs 5 mos
Previous Registrations
Investment Advisors
July 2012 - May 2016 · 3 yrs 10 mos
Proequities, INC.Broker
October 2010 - May 2016 · 5 yrs 7 mos
State Registrations19 states
ALARAZCACOFLGAINMIMOMSNHNYOKSDTNTXUTVA
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.
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