Michael P. Nelan

OSAIC WEALTH

Fair Oaks, CA 95628

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CRD#: 1297426

Professional summary

Michael Patrick Nelan, who also goes by Mike Nelan, is a registered financial advisor currently at OSAIC WEALTH, INC. located in Fair Oaks, California.

Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1984. Michael has worked at 10 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Mike Nelan

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

1) INDEPENDENT INS AGENT, 11140 FAIR OAKS BLVD FAIR OAKS CA. INV-REL. FIXED INS. 4/97. APPROX 0-10 HRS. SAME DURING TRDG HRS. FIXED INS SALES, HEALTH, LTC, FIXED ANNUITIES NELAN FINANCIAL AND INSURANCE SERVICES, INC., 11140 FAIR OAKS BLVD FAIR OAKS CA, PRESIDENT/OWNER OF S CORP FOR TAX & BUSINESS PURPOSES, NOT INV-REL, START 10/2013 2) NELAN FINANCIAL & INSURANCE SERVICES, INC. POSITION: Owner/President NATURE: S Corporation INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 80 START DATE: 01/01/2013 ADDRESS: 11140 Fair Oaks Blvd, Suite 800, Fair Oaks CA 95628, United States DESCRIPTION: Sales of investment products to include stocks, bonds, mutual funds, unit investment trust, variable life & annuity policies and fee based managed accounts. We also prepare detailed financial plans and asset allocation portfolios. Our firm also sells fixed insurance products to include annuities, life insurance and health insurance. 3) FAIR OAKS FINANCIAL, INC. POSITION: President NATURE: Corporation: We are changing the business name from Nelan Financial & Insurance Services, Inc. to Fair Oaks Financial, Inc. INVESTMENT RELATED: Yes NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 100 START DATE: 07/01/2021 ADDRESS: 11140 Fair Oaks Blvd., Suite 800, Fair Oaks CA 95628, United States DESCRIPTION: Investment planning, recommendations, and selection. Create various managed accounts for clients, prepare financial plans, analyze investment proposals, and implement various insurance programs (life and health insurance). Develop marketing programs to attract new clients. We also sell commission based brokerage accounts, mutual funds, and variable annuities as needed for the best interest of the client. 4) NELAN FINANCIAL & INSURANCE SERVICES, INC. POSITION: Agent NATURE: S Corp. INVESTMENT RELATED: Yes NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 2 START DATE: 01/01/2009 ADDRESS: 11140 Fair Oaks Blvd., Suite 800, Fair Oaks CA 95628, United States DESCRIPTION: Selling fixed insurance products to clients as needed such as Term Life, Universal Life and Health Insurance. 5) RETIREMENT SECURITY CENTERS POSITION: Financial Planner NATURE: Corporation. Retirement Security Centers is my Supervising Branch Office (OSJ). I will also be utilizing this name for business related activities. INVESTMENT RELATED: Yes NUMBER OF HOURS: 40 SECURITIES TRADING HOURS: 40 START DATE: 05/01/2025 ADDRESS: 8880 Cal Center Drive, Suite 220, Sacramento CA 95826, United States DESCRIPTION: Marketing, Sales and service of securities related products to include, financial planning, wealth management, investment recommendations, and insurance products such as life & annuity sales.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Patrick Nelan's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

CRS (Client Relationship Summary) - BD

Click below to view Michael Patrick Nelan's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

November 2, 2018 - Present

OSAIC WEALTH, INC.

Office #1: 11140 Fair Oaks Blvd Suite 800, Fair Oaks, CA 95628

RIA

CRD#: 23131

Fair Oaks, CA

Current

November 2, 2018 - Present

OSAIC WEALTH, INC.

Office #1: 11140 Fair Oaks Blvd Suite 800, Fair Oaks, CA 95628

RIA

CRD#: 23131

Fair Oaks, CA

Past

May 13, 2016 - November 2, 2018

SIGNATOR INVESTORS, INC.

RIA

CRD#: 468

FAIR OAKS, CA

Past

May 13, 2016 - November 2, 2018

SIGNATOR INVESTORS, INC.

CRD#: 468

FAIR OAKS, CA

Past

May 25, 2001 - May 13, 2016

TRANSAMERICA FINANCIAL ADVISORS, LLC

RIA

CRD#: 16164

GOLD RIVER, CA

Past

May 29, 1997 - May 13, 2016

TRANSAMERICA FINANCIAL ADVISORS, LLC

CRD#: 16164

GOLD RIVER, CA

Past

June 24, 1996 - May 5, 1997

VOYA FINANCIAL ADVISORS, INC.

CRD#: 2882

WINDSOR, CT

Past

March 19, 1987 - May 14, 1987

UR FINANCIAL, INC.

CRD#: 10509

Past

November 25, 1986 - November 3, 1988

AMERITAS INVESTMENT COMPANY, LLC

CRD#: 14869

Past

April 10, 1986 - November 11, 1986

MONY SECURITIES CORPORATION

CRD#: 4386

Past

July 2, 1985 - March 5, 1986

VERAVEST INVESTMENTS, INC.

CRD#: 3960

Past

March 11, 1985 - June 12, 1985

METLIFE INVESTORS DISTRIBUTION COMPANY

CRD#: 6695

Past

September 13, 1984 - November 13, 1984

FORESTERS FINANCIAL SERVICES, INC.

CRD#: 305

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

Broker-Dealer Firm Regulated by FINRA (Denver district office)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Alaska
(1/26/2023)

Arizona
(11/2/2018)

California
(11/2/2018)

IAR

California
(11/2/2018)

Colorado
(11/2/2018)

Nevada
(4/27/2020)

New Mexico
(10/4/2024)

Oregon
(11/2/2018)

Texas
(10/4/2019)

IAR

Texas
(8/8/2023)

Utah
(7/9/2020)

Washington
(11/2/2018)

Wyoming
(10/12/2020)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 12/29/1999

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 7/18/1996

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 10/11/2007

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 6/21/1996

Investment Company Products/Variable Contracts Representative Examination

SRO Registrations

FINRA

Current Firm

OSAIC WEALTH, INC.

CRD#: 23131 / SEC#: 801-54859, 8-40218

RIA

Registered Investment Advisory firm - SEC (9/10/1997 Approved)

Broker-Dealer Firm Regulated by FINRA (Denver district office)

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Contact information

Main Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Mailing Address

18700 N. Hayden Road Suite 255, Scottsdale, AZ 85255

Phone number

(800) 821-5100

Established

Delaware since 08/05/1988

Firm type

Corporation

Fiscal year end

December

Firm Size

Large

# of Employees

8,717

SEC notice filing (53 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

OSAIC WEALTH, INC ADV PART 2A (10/20/2025)

SIGNATOR MANAGED ACCOUNT PLATFORM (3/31/2025)

Direct owners and executive officers

Name	Position	CRD#
OSAIC, INC.	SHAREHOLDER
CORNICK, GREGORY ALLEN	CEO, PRESIDENT, DIRECTOR	3132991
FORD, ERINN JUNE	DIRECTOR	2176816
MIHAL, SHAWN MICHAEL	SVP, CHIEF COMPLIANCE OFFICER	3262384
MITCHELL, CHRISTOPHER MILLS	CORPORATE TREASURER, FINANCIAL PRINCIPAL	2420144
PRICE, JAMES DALE	CHAIRMAN	1243224
SCHLUETER, MATTHEW ADAM	EVP, OPERATIONS AND TECHNOLOGY SOLUTIONS, DIRECTOR	2627931

Regulatory assets under management

Total Number of Accounts	797,559
AUM (Assets Under Management)	$ 200,266,275,275

Disclosures

Regulatory Event	50
Arbitration	31
Bond	7

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/14/2025	Cover Page	Report
12/18/2024	Cover Page	Report
01/26/2024	Cover Page	Report

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Michael P. Nelan

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Patrick Nelan's CRS (Customer Relationship Summary).

CRS (Client Relationship Summary) - BD

Click below to view Michael Patrick Nelan's CRS (Customer Relationship Summary).

Certified licenses

Experience

OSAIC WEALTH, INC.

SIGNATOR INVESTORS, INC.

SIGNATOR INVESTORS, INC.

TRANSAMERICA FINANCIAL ADVISORS, LLC

TRANSAMERICA FINANCIAL ADVISORS, LLC

VOYA FINANCIAL ADVISORS, INC.

UR FINANCIAL, INC.

AMERITAS INVESTMENT COMPANY, LLC

MONY SECURITIES CORPORATION

VERAVEST INVESTMENTS, INC.

METLIFE INVESTORS DISTRIBUTION COMPANY

FORESTERS FINANCIAL SERVICES, INC.

Primary Firm SEC Registration

OSAIC WEALTH, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 12/29/1999

Series 63

Date: 7/18/1996

SIE

Date: 10/1/2018

Series 7

Date: 10/11/2007

Series 6

Date: 6/21/1996

FINRA

Current Firm

OSAIC WEALTH, INC.

Contact information

SEC notice filing (53 States and Territories)

FINRA licenses (53 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Disclosures

Accountant surprise examination report

Red Flags

Company Information

OSAIC WEALTH, INC.

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