MO
Michael D. Otis
CETERA INVESTMENT ADVISERS LLC
SPOKANE VALLEY, WA 99206
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CRD#: 1495788
MO
Professional summary
Michael Dale Otis, who also goes by Mike Otis, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Spokane Valley, Washington and CETERA WEALTH SERVICES, LLC located in Spokane Valley, Washington.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1986. Michael has worked at 7 firms and has passed the Series 65, Series 63, SIE and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Mike Otis
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. NAME OF ENTITY: INDEPENDENT INSURANCE AGENT; Yes; 10616 E VALLEY WAY AVE; SPOKANEVALLEY; WA; 99206; FIXED INSURANCE SALES; INDEPENDENT INSURANCE AGENT; 8/15/2008; 128; 128; SALES OF FIXED INSURANCE PRODUCTS 2. NAME OF ENTITY: FRP FINANCIAL; Yes; 10616 E VALLEY WAY AVE; SPOKANEVALLEY; WA; 99206; FINANCIAL SERVICES/DBA; OWNER/VICE PRESIDENT; 2/4/2016; 160; 160; SELL AND SERVICE FIXED INSURANCE & SECURITIES PRODUCTS. 3. NAME OF ENTITY: J & M Benefits DBA FRP Financial; Yes; 10616 E VALLEY WAY AVE; SPOKANEVALLEY; WA; 99206; DBA; owner; 5/11/2009; 160; 160; DBA for fixed insurance|NAME OF ENTITY:US FIGURE SKATING; No; 20 FIRST STREET; COLORADO SPRINGS; CO; 80906-3697; ice skating association; ice skating judge & Volunteer instructor; 8/15/2008; 8; 8; ice skating judge 4. NAME OF ENTITY: LILAC CITY FIGURE SKATING CLUB; No; 6321 N ADDISON ST; SPOKANE; WA; 99208; NON-PROFIT ORGANIZATION; HOC COMMITTEE MEMBER/INSTRUCTOR; 5/1/2016; 5; 2; REVIEW FINANCIAL DATA FOR BOARD/ICE SKATING INSTRUCTOR/SELL ADVERTISING IN PROGRAM/SELL ADMISSION TICKETS.| 5. NAME OF ENTITY: EAGLES OPERATIONS; No; 6321 N ADDISON; SPOKANE; WA; 99208; NON-PROFIT ORGANIZATION; BOARD MEMBER; 4/30/2017; 10; 0; ACT WITH BOARD MEMBER TO SET POLICY, GOALS & BUDGET. EVAUATE OPERATIONS AND PROVIDE GUIDANCE TO MANAGEMENT. 6. NAME OF OTHER BUSINESS: LIBERTY LAKE LIONS CLUB; INVESTMENT RELATED: NO; ADDRESS: BARLOWS RESTAURANT LIBERTY LAKE, WA 99037; NATURE OF BUSINESS: NON PROFIT; START DATE: 12/2024; POSITION/TITLE/RELATIONSHIP: LIONS CLUB MEMBER; APX NUMBER OF HOURS PER WEEK: 2; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: NON PROFIT WORK; 7.NAME OF OTHER BUSINESS: SPOKANE FIGURE SKATING CLUB; INVESTMENT RELATED: NO; ADDRESS: FRONTIER ICE ARENA COEUR D ALENE, ID 83854; NATURE OF BUSINESS: ICE SKATING CLUB; START DATE: 09/2024; POSITION/TITLE/RELATIONSHIP: ICE SKATING INSTRUCTOR; APX NUMBER OF HOURS PER WEEK: 4; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: ICE SKATING LESSONS AND TRAINING;
CRS (Client Relationship Summary) - RIA
Click below to view Michael Dale Otis's 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®
NoneExperience
Current
June 29, 2023 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 10616 E Valleyway, Spokane Valley, WA 99206RIA
CRD#: 105644
SPOKANE VALLEY, WA
Current
June 9, 2021 - Present
CETERA WEALTH SERVICES, LLC
BD
CRD#: 13572
SPOKANE VALLEY, WA
Past
June 9, 2021 - June 29, 2023
CETERA WEALTH SERVICES, LLC
RIA
CRD#: 13572
EL SEGUNDO, CA
Past
September 1, 2017 - June 9, 2021
VOYA FINANCIAL ADVISORS, INC.
RIA
CRD#: 2882
SPOKANE VALLEY, WA
Past
August 7, 2006 - June 9, 2021
VOYA FINANCIAL ADVISORS, INC.
BD
CRD#: 2882
SPOKANE VALLEY, WA
Past
January 26, 2001 - August 14, 2006
SECURITIES AMERICA, INC.
BD
CRD#: 10205
SPOKANE, WA
Past
May 3, 1999 - February 20, 2001
PARK AVENUE SECURITIES LLC
BD
CRD#: 46173
NEW YORK, NY
Past
May 8, 1991 - May 3, 1999
GUARDIAN INVESTOR SERVICES LLC
BD
CRD#: 6635
NEW YORK, NY
Past
April 30, 1986 - April 9, 1991
MUTUAL OF OMAHA INVESTOR SERVICES, INC.
BD
CRD#: 611
OMAHA, NE
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)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.RR
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
RR
Arizona(1/9/2023)
RR
California(6/9/2021)
RR
Idaho(6/9/2021)
RR
North Carolina(1/20/2022)
RR
Oregon(6/9/2021)
RR
Utah(1/2/2025)
RR
Washington(6/9/2021)
IAR
Washington(6/29/2023)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
