Michael Risko
Michael Risko is a registered investment advisor at Osaic Institutions, INC., based in Kingston, NY, with 34 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning. Their firm serves 7,211 clients with $4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Fees for customized advisory services are based on the value of your portfolio and are negotiable. The maximum advisory fee is 2.50%. You may pay monthly or quarterly account fees, either in advance or after the service is provided. These fees are directly deducted from your account. If you invest in mutual funds or ETFs, you'll pay advisory fees to both the fund manager and Osaic Institutions. If the custom advisory services apply to annuities for which the advisor receives trail compensation, such trail fees generally will be used to offset the advisory fee.
Location
1296 Ulster Ave., Kingston, NY, 12401
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Regulatory History (3)
Customer Dispute
January 2024Customer Dispute
June 2023Customer Dispute
December 2022Employment History
Current Registrations
Osaic Institutions, INC.Broker
Osaic Institutions, INC.
Previous Registrations
Essex National Securities, LLC
Essex National Securities, INC.
Essex National Securities, LLCBroker
Barclays Global Fund Advisors
Barclays Global Investors ServicesBroker
A I M Distributors, INC.Broker
Aim Private Asset Management
Dividend Capital Securities, LLCBroker
Aim Private Asset Management
A I M Distributors, INC.Broker
Fortis Investors, INC.Broker
Washington Square Securities, INC.Broker
Reliastar Financial Marketing CORP.Broker
Oppenheimerfunds Distributor, INC.Broker
Invest Financial CorporationBroker
State Registrations5 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.