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Michael Charles Seese

Michael Charles Seese

CFP®, ChFC®, CLU®
COMMONWEALTH FINANCIAL SERVICES
VIENNA, WV
·CRD# 2789645·30 years experience

Professional Summary

Michael Charles Seese, CFP®, ChFC®, CLU® is a registered financial advisor currently at COMMONWEALTH FINANCIAL SERVICES located in Vienna, West Virginia. Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1996. Michael has worked at 7 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 6 and Series 24 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

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Videos & Posts

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Credentials

CFP®
Certified Financial PlannerSince 2006
ChFC®
Chartered Financial Consultant
CLU®
Chartered Life Underwriter

Years of Experience

30 years in the financial services industry

Current & Past Employments

COMMONWEALTH FINANCIAL SERVICES·CRD# 324930
RIA
373 Timberline Parkway, Vienna, WV 26105
April 11, 2023 - Present
ARBOR POINT ADVISORS·CRD# 165127
RIA
Athens, OH
June 8, 2017 - April 28, 2023
SECURITIES AMERICA, INC.·CRD# 10205
BD
St. Clairsville, OH
June 1, 2017 - April 28, 2023
COMMONWEALTH FINANCIAL SERVICES, LLC·CRD# 154369
RIA
Parkersburg, WV
September 1, 2010 - July 6, 2017
LPL FINANCIAL LLC·CRD# 6413
RIA
Parkersburg, WV
April 2, 2003 - December 21, 2011
LPL FINANCIAL LLC·CRD# 6413
BD
Parkersburg, WV
April 1, 2003 - June 7, 2017
EQUITABLE ADVISORS, LLC·CRD# 6627
RIA
Parkersburg, WV
January 11, 2000 - April 14, 2003
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES·CRD# 4039
BD
New York, NY
August 23, 1996 - January 5, 2000
EQUITABLE ADVISORS, LLC·CRD# 6627
BD
New York, NY
August 23, 1996 - April 14, 2003

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Current Firm

CF
COMMONWEALTH FINANCIAL SERVICES

COMMONWEALTH FINANCIAL SERVICES | COMMONWEALTH FINANCIAL SERVICES, LLC.

CRD#: 324930 / SEC#: 801-127499
RIA
Registered Investment Advisory firm - SEC (3/22/2023 Approved)

Contact Information

Main Address

373 Timberline Parkway, Vienna, WV 26105

Phone Number

(304) 422-3531

# of Employees

26

SEC notice filing (20 States and Territories)

Registered to provide investment advisory services in 20 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

FORM ADV PART 2A (8/24/2026)

Regulatory Assets Under Management

Total Number of Accounts

5,003

AUM (Assets Under Management)

$994,745,926

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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.

**TRUSTEE FOR PARENT TRUST -Trustee -Act in a Fiduciary Capacity INVEST RELATED Yes #HRS 1 -4/9/04 -586 Tally Ho Rd Parkersburg WV 26104 -Trustee for Parents Irrevocable Living Insurance Trust (ILIT) **ASC ENTERPRISES, LLC -Ownership Member -Ownership Member -8/14/14 -2000 1st Ave Parkersburg WV 26101 -Ownership Member. I would have revenue of about $50 to $150 a year based on current payout and dividend. This is a local Sports Recreation Center for kids/adults. I am just a member. **WVU AT PARKERSBURG FOUNDATION -Board Member -Non-Profit Board Member #HRS 2 -6/27/16 -300 Campus Dr Parkersburg WV 26104 -Board Member - Volunteer position that helps make decisions on the best use of funds of the foundation for the betterment of the WVU of Parkersburg college. Treasurer - I do not have access to funds. I can only approve checks to be written by the foundation office/staff. **Highland Capital -AGENT -Non Variable Insurance INVEST RELATED Yes #HRS 2 -3/27/03 -585 College Pkwy, Parkersburg WV 26104 -SELLINGFIXED ANNUITIES, LONG TERM CARE, GROUP AND INDIVIDUAL DISABILITY INCOME AND HEALTH, TERM WHOLE AND UNIVERSAL LIFE INSURANCE. **TALLY HO MANAGEMENT -Member -Commercial rental property - Current Office of Commonwealth Financial Services #HRS 5 -5/6/19 - 586 Tally Ho Rd Parkersburg WV 26104 - My wife and I own a building through our LLC, Tally Ho Management. This is the office of Commonwealth Financial Services. **FIRST EXCHANGE BANK -Board Member -asked to be on Board of directors for local bank (The First Exchange) Bank.https://www.firstexchangebank.com/ #HRS 6 SEC TRADE HRS 3 -1/1/20 -11 W Main St Mannington WV 26582 -I would be a member of the Board of Directors. I would attend monthly 1 hour meetings. During those meetings we would discuss and vote on decisions pertaining the banks operations. **DIRECTOR PHANTOM STOCK APPRECIATION PLAN -I am a director for the bank which is already disclosed. -First Exchange Bank - Director Phantom Stock Appreciation Plan #HRS 10 SEC TRADE HRS 4 -2/22/22 -586 Tally Ho Rd, Parkersburg WV 26104 -The bank will pay a bonus to Directors if the bank reaches it goals for the year. The $ is calculated based on your board fees x a %. All Directors receive the same .You do not receive compensation in the form of securities or common stock. The bonus is put in a fake or phantom stock account. The value of the fake stock rises and falls as the value of our stock changes. Example 20x0 you have $10,000 in cash fees and we meet our goals and you receive 25% of your cash fees in fake stock or 100 shares at $25.There is no vesting in actual stock or securities. The value of the stock is simply a means to measure your reward both annually and cumulatively with your reward changing with the value of our stock. The value of your account accrues or grows and is Taxable upon your separation from service It is vested at 100% where as management's vest over an extended period of time I am eligible for the plan effective 01/01/2022. I was just notified last week. The bank is just signing me up for the plan. **BOARD MEMBER--WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION of Vienna, WV. Board members are responsible for setting policies, approving budgets, and helping to direct strategic planning. We evaluate operations and maintain financial performance standards for the credit union. We are also responsible for appointing the credit union's President/CEO, who reports directly to the Board. Position is nonprofit, unpaid, not performed during trading hours, and time commitment is 1 hour per month.

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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".
CF
COMMONWEALTH FINANCIAL SERVICES

COMMONWEALTH FINANCIAL SERVICES | COMMONWEALTH FINANCIAL SERVICES, LLC.

CRD#: 324930 / SEC#: 801-127499
RIA
Registered Investment Advisory firm - SEC (3/22/2023 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.
IAR
Ohio
(4/11/2023)
IAR
West Virginia
(4/14/2023)

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.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Jul 1999About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Aug 1996About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed May 1999About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Aug 1996About the Series 6 exam

Series 24 — General Securities Principal Examination

Passed Jun 2001About the Series 24 exam

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CRS (Client Relationship Summary) - RIA

Click below to view Michael Charles Seese's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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