MB
Michael R. Brooks
Some features on this profile are disabled
CRD#: 1921579
MB
Professional summary
Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.
That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.
Michael Ray Brooks, who also goes by Mike Brooks, was a registered financial professional .
Michael is a previously registered financial professional and started their career in finance in 1989. Michael had worked at 7 firms and has passed the Series 66, Series 63, SIE, Series 7 and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
No
Aliases
Mike Brooks
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. Mike Brooks & Associates, Inc., start date 2006, Bardstown, Ky, DBA for Magnate Advisory Services, LLC. and Silver Oak Securities, Inc., President, 160 hours spent a month and during trading hours, investment related. 2. Registered Representative, Silver Oak Securities, Inc., 201 East Stephen Foster Ave. Bardstown, Ky 40004, investment related, start date of 02/14/2017, approximate number of hours per month 20 plus including during market hours, duties include acting as a registered representative, selling and servicing approved securities products. 3. Magnate Wealth Management, LLC, start date 03/14/2017, Louisville, Ky. A licensed insurance agent selling Non-Variable Insurance (Fixed Annuities, Equity Indexed Annuities, Life Insurance, Long term care and disability income), 20 hours spent a month and during trading hours, investment related. 4. M&D Brooks Properties, LLC., Rental Property, not invested related. Member, Manage Rental Property. 1 hour a month spent. Established 11/2004. 5. Kiwanis Club. P O Box 635, Bardstown, KY, Board Member. Fundraising. 2 hours a month spent. Not investment related. Established 1985. 6. St. Vincent DePaul Mission Outreach, is not Investment related, Support individuals in need, Board Member & Treasurer, start date 10/25/2021, 3 hours a month spent, 0 hours per month during trading hours, No Compensation, attend quarterly meetings to oversee operations of Mission Store and Food Pantry. 7. Parkway Baptist Church, is not Investment related, Treasurer, start date 01/2022, 3 hours a month spent, 0 hours per month during trading hours, No Compensation.
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
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
Past
March 14, 2017 - August 21, 2024
MAGNATE ADVISORY SERVICES, LLC
RIA
CRD#: 283056
Bardstown, KY
Past
February 14, 2017 - July 24, 2024
SILVER OAK SECURITIES, INCORPORATED
BD
CRD#: 46947
Bardstown, KY
Past
April 20, 2010 - February 13, 2017
THE INVESTMENT CENTER, INC.
BD
CRD#: 17839
BARDSTOWN, KY
Past
April 28, 2006 - April 22, 2010
WOODBURY FINANCIAL SERVICES, INC.
BD
CRD#: 421
BARDSTOWN, KY
Past
June 1, 2005 - May 4, 2006
EQUITABLE ADVISORS, LLC
BD
CRD#: 6627
NEW YORK, NY
Past
March 7, 1989 - October 15, 1990
THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
BD
CRD#: 2873
NEW YORK, NY
Past
March 7, 1989 - June 1, 2005
MONY SECURITIES CORPORATION
BD
CRD#: 4386
NEW YORK, NY
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".
MA
MAGNATE ADVISORY SERVICES, LLC
EN GARDE! INVESTING LLC | MAGNATE WEALTH MANAGEMENT, LLC | MAGNATE WEALTH MANAGEMENT LLC | MAGNATE WEALTH MANAGEMENT | MAGNATE WEALTH | MAGNATE ADVISORY SERVICES, LLC
CRD#: 283056 / SEC#: 801-118616
RIA
Registered Investment Advisory firm - (4/29/2020 Approved)Indiana
Registered Investment Advisory firm - (5/11/2020 Terminated)Kentucky
Registered Investment Advisory firm - (5/7/2020 Terminated)Ohio
Registered Investment Advisory firm - (5/7/2020 Terminated)Tennessee
Registered Investment Advisory firm - (5/8/2020 Terminated)Texas
Registered Investment Advisory firm - (5/7/2020 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
This advisor is not registered in any state.
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
MA
MAGNATE ADVISORY SERVICES, LLC
EN GARDE! INVESTING LLC | MAGNATE WEALTH MANAGEMENT, LLC | MAGNATE WEALTH MANAGEMENT LLC | MAGNATE WEALTH MANAGEMENT | MAGNATE WEALTH | MAGNATE ADVISORY SERVICES, LLC
CRD#: 283056 / SEC#: 801-118616
RIA
Registered Investment Advisory firm - (4/29/2020 Approved)Indiana
Registered Investment Advisory firm - (5/11/2020 Terminated)Kentucky
Registered Investment Advisory firm - (5/7/2020 Terminated)Ohio
Registered Investment Advisory firm - (5/7/2020 Terminated)Tennessee
Registered Investment Advisory firm - (5/8/2020 Terminated)Texas
Registered Investment Advisory firm - (5/7/2020 Terminated)Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
Contact information
Main Address
400 Blankenbaker Parkway Suite 100, Louisville, KY 40243
Mailing Address
Phone number
(502) 855-3160
Established
Firm type
Fiscal year end
# of Employees
6
SEC notice filing (6 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 2,074 |
| AUM (Assets Under Management) | $ 260,916,167 |
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.
