Michael Peterson
Michael Peterson is a registered investment advisor at Impact Wealth Management, based in Sioux Falls, SD, with 9 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, Estate Planning, Financial Planning & Coaching, High Net Worth, and 5 more. Their firm serves 124 clients with $100M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Investment management is included for clients who participate in Impact Wealth Management's ongoing comprehensive financial planning service. For clients who engage in financial coaching with investment management, the annual advisory fee is:
- $50,000 - $150,000: $1,500
- $150,001 - $250,000: $2,500
- $250,001 - $400,000: $3,500
These fees are billed monthly, in advance.
Location
4301 W 57th St, Suite 110, Sioux Falls, SD, 57108
Get directionsHistory
Regulatory History
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
Michael works as an insurance broker for Key Retirement Solutions, meeting with clients to provide insurance solutions. This activity takes nearly full-time hours, including time during trading hours.
Employment History
Current Registrations
Impact Wealth Management
Previous Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
Aig Financial Advisors, INC.
Aig Financial Advisors, INC.Broker
Wells Fargo Investments, LLC
Wells Fargo Investments, LLCBroker
State Registrations2 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.