MH
Michael M. Hiniker
CETERA INVESTMENT ADVISERS LLC
MINNETONKA, MN 55305
Some features on this profile are disabled
CRD#: 2374454
MH
Professional summary
Michael Merritt Hiniker, who also goes by Mike Hiniker, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Minnetonka, Minnesota and CETERA WEALTH SERVICES, LLC located in Minnetonka, Minnesota.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1995. Michael has worked at 15 firms and has passed the Series 66, Series 65, Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Mike Hiniker
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 OTHER BUSINESS: ADVISORNET FINANCIAL INC, DBA ADVISORNET WEALTH PARTNERS - CRD #113074 ; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: INVESTMENT ADVISORY ; FIRM POSITION/TITLE/RELATIONSHIP: EXECUTIVE PLANNER ; START DATE: 5/2022 ; APX NUMBER OF HOURS PER WEEK: 40 ; APX NUMBER OF HOURS DURING TRADING HOURS: 32.5; BRIEF DESCRIPTION OF DUTIES: EXECUTIVE PLANNER, FINANCIAL PLANNING; 2) NAME OF OTHER BUSINESS: ADVISORNET FINANCIAL; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION ; NATURE OF BUSINESS: FINANCIAL SERVICES ; START DATE: 05/2021; POSITION/TITLE/RELATIONSHIP: EXECUTIVE PLANNER; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 32.5; BRIEF DESCRIPTION OF DUTIES: PROVIDE GUIDANCE AND STRATEGY TO THE RIA PLATFORM AT ADVISORNET FINANCIAL, RELATIONSHIP MANAGEMENT TO ADVISORS USING RIA PLATFORM; 3) NAME OF OTHER BUSINESS: ADVISORNET FINANCIAL INC DBA ADVISORNET FINANCIAL PARTNERS ; INVESTMENT RELATED: YES ; ADDRESS: SAME AS REGISTERED LOCATION ; NATURE OF BUSINESS: FINANCIAL SERVICES ; START DATE: 05/2021 ; POSITION/TITLE/RELATIONSHIP: EXECUTIVE PLANNER ; APX NUMBER OF HOURS PER WEEK: 40 ; APX NUMBER OF HOURS DURING TRADING HOURS: 32.5 ; BRIEF DESCRIPTION OF DUTIES: PROVIDE FINANCIAL PLANNING AND ASSET MANAGEMENT ; 4) NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FIXED INSURANCE; START DATE: 5/2022; APX NUMBER OF HOURS PER WEEK: 2; APX NUMBER OF HOURS DURING TRADING HOURS: 2; POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT BRIEF DESCRIPTION OF DUTIES: SELLS LIFE, FIXED ANNUITIES AND LONG-TERM CARE; 5) NAME OF OTHER BUSINESS: ADVISORNET FINANCIAL INC DBA ADVISORNET EMPLOYER PLAN PARTNERS; INVESTMENT RELATED: YES, ADDRESS: 110 CHESHIRE LN SUITE 200, MINNETONKA, MN 55305, NATURE OF BUSINESS: FINANCIAL SERVICES, START DATE: 3/2023, POSITION/TITLE/RELATIONSHIP: FINANCIAL PROFESSIONAL, APX NUMBER OF HOURS PER WEEK: 5, APX NUMBER OF HOURS DURING TRADING HOURS: 5, BRIEF DESCRIPTION OF DUTIES: DBA FOR FINANCIAL SERVICES FOR RETIREMENT PLANS; 6) NAME OF OTHER BUSINESS: BAR FINANCIAL PARTNERS; INVESTMENT RELATED: YES, ADDRESS: SAME AS REGISTERED LOCATION, NATURE OF BUSINESS: FINANCIAL SERVICES, START DATE: 4/2025, POSITION/TITLE/RELATIONSHIP: FINANCIAL PROFESSIONAL, APX NUMBER OF HOURS PER WEEK: 40, APX NUMBER OF HOURS DURING TRADING HOURS: 32.5, BRIEF DESCRIPTION OF DUTIES: DBA FOR FINANCIAL SERVICES;
CRS (Client Relationship Summary) - RIA
Click below to view Michael Merritt Hiniker'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: 130 Cheshire Ln, Ste 150, Minnetonka, MN 55305RIA
CRD#: 105644
MINNETONKA, MN
Current
August 20, 2020 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 130 Cheshire Ln, Ste 150, Minnetonka, MN 55305BD
CRD#: 13572
Minnetonka, MN
Past
May 20, 2021 - November 11, 2025
ADVISORNET WEALTH PARTNERS
RIA
CRD#: 113074
Minnetonka, MN
Past
May 14, 2021 - June 29, 2023
CETERA WEALTH SERVICES, LLC
RIA
CRD#: 13572
MINNEAPOLIS, MN
Past
December 8, 2016 - June 12, 2020
HARRISDIRECT LLC
RIA
CRD#: 42159
Edina, MN
Past
November 22, 2016 - June 12, 2020
E*TRADE SECURITIES LLC
BD
CRD#: 29106
Edina, MN
Past
June 27, 2014 - September 1, 2016
AUGUSTAR DISTRIBUTORS, INC.
BD
CRD#: 41081
CINCINNATI, OH
Past
January 4, 2012 - May 14, 2013
LINCOLN FINANCIAL DISTRIBUTORS, INC.
BD
CRD#: 145
RADNOR, PA
Past
July 13, 2007 - March 14, 2011
TRANSAMERICA CAPITAL, LLC
BD
CRD#: 8217
DENVER, CO
Past
July 27, 2006 - February 8, 2007
PRUDENTIAL ANNUITIES DISTRIBUTORS, INC
BD
CRD#: 21570
SHELTON, CT
Past
August 5, 2004 - July 11, 2006
BNY MELLON SECURITIES CORPORATION
BD
CRD#: 231
NEW YORK, NY
Past
September 11, 2000 - August 19, 2004
TOWER SQUARE SECURITIES, INC.
BD
CRD#: 833
EL SEGUNDO, CA
Past
July 14, 1999 - August 18, 2000
INVEST FINANCIAL CORPORATION
BD
CRD#: 12984
APPLETON, WI
Past
February 27, 1998 - April 23, 1998
WELLS FARGO BROKERAGE SERVICES, L.L.C.
BD
CRD#: 16100
MINNEAPOLIS, MN
Past
August 14, 1996 - March 10, 1998
U.S. BANCORP INVESTMENTS, INC.
BD
CRD#: 17868
SAINT PAUL, MN
Past
November 8, 1995 - July 12, 1996
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
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".
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(6/9/2021)
RR
Arkansas(10/24/2024)
RR
California(6/28/2021)
RR
Colorado(6/28/2021)
RR
Delaware(8/10/2021)
RR
Florida(6/9/2021)
RR
Georgia(1/2/2025)
RR
Illinois(12/1/2021)
RR
Indiana(9/16/2025)
RR
Iowa(6/9/2021)
RR
Kansas(9/16/2025)
RR
Louisiana(1/3/2024)
RR
Maryland(1/27/2022)
RR
Massachusetts(1/19/2023)
RR
Michigan(6/28/2021)
RR
Minnesota(8/20/2020)
IAR
Minnesota(6/29/2023)
RR
Missouri(3/5/2024)
RR
Montana(8/28/2024)
RR
Nebraska(8/28/2024)
RR
Nevada(8/18/2021)
RR
New Jersey(9/16/2025)
RR
New Mexico(12/15/2022)
RR
North Carolina(9/16/2025)
RR
North Dakota(8/13/2021)
RR
Ohio(1/2/2025)
RR
Oklahoma(1/24/2025)
RR
Oregon(3/18/2024)
RR
Pennsylvania(8/28/2024)
RR
South Carolina(5/3/2024)
RR
South Dakota(8/28/2024)
RR
Texas(6/9/2021)
IAR
Texas(6/29/2023)
RR
Utah(9/16/2025)
RR
Virginia(5/28/2025)
RR
Washington(8/28/2024)
RR
Wisconsin(6/9/2021)
RR
Wyoming(11/7/2024)
Exams
State Security Law Exam
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.
