MW
Michael D. Walters
USA FINANCIAL SECURITIES LLC
Grand Rapids, MI
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CRD#: 2580592
MW
Professional summary
Michael David Walters is a registered financial advisor currently at USA FINANCIAL SECURITIES LLC located in Grand Rapids, Michigan and USA FINANCIAL FORMULAS CORPORATION located in Ada, Michigan.
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 4 firms and has passed the Series 65, Series 63, Series 99TO, SIE, Series 7, Series 6, Series 24 and Series 26 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
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) USA Financial LLC - 6020 E. Fulton St. Ada, MI 49301. Start date 04/01/1988. CEO Holding LLC for USA Financial and its related subsidiaries/affiliates. Overall leadership. Investment Related. 160 hours per month devoted to business. 160 hours per month devoted during securities trading hours. 2) WaltEnd Financial Ltd. - 7101 Gladys Drive SE. Grand Rapids, MI 49546. Started 03/08/2024. Member/Shareholder. Holding entity for USA Financial LLC and Accelerate Management Holdco LLC (Amerilfe) stock ownership. Not Investment Related. 4 hours per month devoted to business. 4 hours per month devoted during securities trading hours. 3) WaltEnd Equity LLC - 6020 E. Fulton St. Ada, MI 49301. Start date 05/22/2001. Real Estate. Member/Shareholder oversight. Not Investment Related. 1 hour per month devoted to business. 1 hour per month devoted during securities trading hours. 4) Walters Family Real Estate Investments - 7101 Gladys Drive SE. Grand Rapids, MI 49546. Start date 02/01/2017. Owner. Real Estate. Management and oversight of various personal properties as needed. Not Investment Related. 0 hours per month devoted to business. 0 hours devoted during securities trading hours. 5) Swing Equity - 7101 Gladys Drive SE. Grand Rapids, MI 49546. Start date 04/01/2022. Member/Shareholder. 475(f) Investing. Investment screening and decisions. Investment Related. 8 hours per month devoted to business. 8 hours devoted during securities trading hours. 6) Personal Limited Partnership Investments - 7101 Gladys Drive SE. Grand Rapids, MI 49546. Start date 07/01/2024. Member/Shareholder. Shareholder investor. Investment Related. 0 hours devoted to business. 0 hours devoted during securities trading hours.
CRS (Client Relationship Summary) - RIA
Click below to view Michael David Walters'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
May 21, 2004 - Present
USA FINANCIAL SECURITIES LLC
Office #2: 6020 E. Fulton Street, Ada, MI 49301RIA
BD
CRD#: 103857
Grand Rapids, MI
Current
March 23, 2007 - Present
USA FINANCIAL FORMULAS CORPORATION
Office #1: 6020 East Fulton Street, Ada, MI 49301RIA
CRD#: 139987
ADA, MI
Current
July 17, 2000 - Present
USA FINANCIAL SECURITIES LLC
Office #1: 6020 E. Fulton Street, Ada, MI 49301RIA
BD
CRD#: 103857
Ada, MI
Past
August 3, 1998 - August 1, 2000
USALLIANZ SECURITIES, INC.
BD
CRD#: 40875
MINNEAPOLIS, MN
Past
February 7, 1995 - August 6, 1998
INVESTORS CAPITAL CORP.
BD
CRD#: 30613
LYNNFIELD, MA
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".
UF
USA FINANCIAL FORMULAS CORPORATION
PORTFORMULAS | USA FINANCIAL PORTFORMULAS CORPORATION | USA FINANCIAL FORMULAS, LLC. | USA FINANCIAL FORMULAS LLC | USA FINANCIAL FORMULAS CORPORATION | PORTFORMULAS INVESTING, LLC | PORTFORMULAS INVESTING CORPORATION
CRD#: 139987 / SEC#: 801-67442
RIA
Registered Investment Advisory firm - (2/1/2007 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
Alabama(11/29/2001)
RR
Alaska(3/31/2004)
RR
Arizona(11/19/2002)
RR
Arkansas(7/24/2002)
RR
California(3/31/2004)
RR
Colorado(3/31/2004)
RR
Connecticut(9/30/2002)
IAR
Connecticut(5/21/2004)
RR
Delaware(8/23/2001)
RR
District of Columbia(2/25/2004)
RR
Florida(3/31/2004)
IAR
Florida(3/6/2007)
RR
Georgia(3/31/2004)
RR
Hawaii(5/13/2004)
RR
Idaho(3/31/2004)
RR
Illinois(10/30/2000)
RR
Indiana(7/31/2000)
RR
Iowa(3/26/2002)
RR
Kansas(7/23/2001)
RR
Kentucky(3/31/2004)
RR
Louisiana(4/3/2002)
RR
Maine(9/9/2008)
RR
Maryland(12/9/2002)
RR
Massachusetts(8/22/2002)
RR
Michigan(8/1/2000)
IAR
Michigan(12/4/2014)
RR
Minnesota(3/31/2004)
RR
Mississippi(11/7/2003)
RR
Missouri(3/31/2004)
RR
Montana(4/14/2004)
RR
Nebraska(5/7/2004)
RR
Nevada(8/7/2003)
IAR
Nevada(4/26/2006)
RR
New Hampshire(3/28/2005)
RR
New Jersey(3/31/2004)
RR
New Mexico(1/21/2003)
RR
New York(3/31/2004)
RR
North Carolina(7/27/2001)
RR
North Dakota(4/26/2004)
RR
Ohio(5/23/2002)
RR
Oklahoma(4/4/2002)
RR
Oregon(10/22/2003)
RR
Pennsylvania(8/2/2002)
RR
Rhode Island(3/15/2004)
RR
South Carolina(5/2/2002)
RR
South Dakota(4/6/2004)
RR
Tennessee(3/5/2019)
RR
Texas(3/31/2004)
IAR
Texas(3/23/2007)
RR
Utah(6/28/2002)
RR
Vermont(3/22/2004)
RR
Virginia(1/7/2002)
RR
Washington(5/10/2002)
RR
West Virginia(8/15/2002)
RR
Wisconsin(11/19/2002)
RR
Wyoming(4/23/2004)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
RR
Series 99TO
Date: 1/2/2023
Operations Professional ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
UF
USA FINANCIAL FORMULAS CORPORATION
PORTFORMULAS | USA FINANCIAL PORTFORMULAS CORPORATION | USA FINANCIAL FORMULAS, LLC. | USA FINANCIAL FORMULAS LLC | USA FINANCIAL FORMULAS CORPORATION | PORTFORMULAS INVESTING, LLC | PORTFORMULAS INVESTING CORPORATION
CRD#: 139987 / SEC#: 801-67442
RIA
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Contact information
Main Address
6020 East Fulton Street, Ada, MI 49301
Mailing Address
Phone number
(888) 407-8198
Established
Firm type
Fiscal year end
# of Employees
52
SEC notice filing (51 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 8,608 |
| AUM (Assets Under Management) | $ 625,540,000 |
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.
