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Michael Paul Schwieters

Advisor at LPL Financial — Albany, MN

Updated today

Credentials

Series 65, Series 63

Experience

16 years

Location

Albany, MN 56307

LPL Financial logo

LPL Financial

Institution

Total advisors

22,678

Across 10,420 offices

Clients per advisor

87 Typical

Avg AUM per client

$399,489 Typical

HNW client ratio

34% Very High

About

Michael Schwieters is a financial advisor at LPL Financial with 16 years of industry experience. He holds Series 65 and Series 63 registrations and has worked previously at Cuna Brokerage Services, Inc. and Central Minnesota Credit Union. LPL Financial is an SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, banks, credit unions, corporations, and charitable organizations through a national network of investment adviser representatives. The firm offers a range of financial planning and advisory programs, including discretionary and non-discretionary management, with access to model portfolios, third-party subadvisors, and research from LPL Research.

Client services

Based on LPL Financial

Financial planning Portfolio management Educational seminars or workshops
Consulting and other non-discretionary advisory services

Expertise

Based on LPL Financial

College savings (529s, UTMA, etc.)

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Fee options

Fixed

Flat fees negotiated between IAR and client for financial planning and consulting services.

Commissions

Commissions and trail fees on brokerage product sales and for insurance products sold by IARs.

Project-based

Hourly fees up to $500 per hour for financial planning and consulting services.

Other

Fee-only: Negotiated flat or hourly fees ranging from $0 to $15,000 or up to $500 per hour for financial planning and consulting services.

Location

See office

Albany, MN

641 Railroad Ave

Albany MN 56307

Advisors at this office

1

Most active in

Minnesota

Work history

16 years of industry experience

LPL Financial

2022 - Present • 4 years

St Joseph, MN

Cuna Brokerage Services, Inc.

2013 - Present • 13 years

Waverly, IA

Central Minnesota Credit Union

2013 - Present • 13 years

St. Joseph, MN

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Brittany W

CFP®

Cold Spring, MN

AE Wealth Management, LLC

Brittany Walter is a CFP® professional with four years of industry experience, currently with AE Wealth Management, LLC. Her prior roles include positions at Paradigm Wealth Management, LLC and MSK Insurance Agency LLC. AE Wealth Management provides fee-based portfolio management, financial planning, and retirement-plan consulting to a diverse client base that includes individuals, corporations, trusts, and ERISA plan sponsors. The firm manages approximately $49.8 billion for over 127,000 clients, employing a model portfolio and platform approach with a focus on discretionary management and various investment strategies.

Tax-loss harvesting Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Self-Employed Founder/Business Owner

Alexander T

Series 66

Albany, MN

Edward Jones

Alexander Tomczik is a financial advisor at Edward Jones with a Series 66 designation and two years of industry experience. His prior roles include positions at Ameriprise Financial and US Bank. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients. The firm manages approximately $1.01 trillion in assets through a nationwide network of more than 23,700 financial advisors and offers a range of discretionary and non-discretionary investment strategies under a fiduciary standard.

General retirement planning Retired Founder/Business Owner Executive

Paul W

Series 66

Cold Spring, MN

Edward Jones

Paul Wenner is a financial advisor with Edward Jones, holding a Series 66 license and three years of industry experience. Prior to joining Edward Jones, he held positions at the Carlson School of Management and various organizations including Deneen Pottery and Alta's Rustler Lodge. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients with approximately $1.01 trillion in assets under management. The firm offers a range of advisory programs, including discretionary and non-discretionary wrap fee strategies, separately managed accounts, and affiliated mutual funds, operating under a fiduciary standard.

Wealth management Tax-loss harvesting Multi-generational wealth transfer Retired Founder/Business Owner Executive
user avatar

David A

PFS™, Series 66

Melrose, MN

Cetera

David Anfinson is a financial advisor with Cetera, holding the PFS™ and Series 66 designations and bringing 24 years of industry experience. He has previously worked at VOYA Financial Advisors and has been associated with Anfinson Thompson & Co. since 2007. Outside of his advisory role, Anfinson serves on the boards of two nonprofit health organizations, Carris Health LLC and Centra Care Health. Cetera Investment Advisers LLC is a large SEC-registered firm that provides a range of investment advisory and retirement services to individuals, corporate, charitable, and institutional clients through a nationwide network of independent advisors. The firm offers multiple portfolio management options, including access to affiliated and third-party managers, and manages assets exceeding $256 billion.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Executive
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Margo S

Series 63, Series 65

Avon, MN

OSAIC

Margo Scepaniak is a financial advisor at OSAIC with 30 years of industry experience. She holds Series 63 and Series 65 credentials and has worked at Woodbury Financial Services Inc and LPL Financial. She is also the owner of Black Financial Services, Inc., a corporation involved in both financial services and the sale of life and health insurance. OSAIC serves a wide range of clients including individuals, high-net-worth investors, pension plans, corporations, and charitable organizations. The firm provides integrated brokerage and advisory services with a focus on diversified portfolio construction using firm-provided tools and access to third-party money managers.

Annuities Wealth management Tax-loss harvesting Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Chad M

Series 66

Cold Spring, MN

Cetera

Chad Middendorf is a financial advisor at Cetera with over 21 years of industry experience. He holds a Series 66 designation and has worked at firms including Voya Financial Advisors and Wealthcare Financial Services. Outside of his advisory work, he owns and operates a tanning salon and serves on the board of a nonprofit organization in the Upper Midwest. Cetera Investment Advisers LLC serves a wide range of clients, including individuals, retirement plans, and institutional accounts. The firm offers diversified portfolio management and financial planning through a multi-manager platform that includes affiliated and third-party managers.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Executive
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