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Michael Patrick Scherer

AMERICAN ALTERNATIVE CAPITAL
ANN ARBOR, MI
·CRD# 2802395·30 years experience

Professional Summary

Michael Patrick Scherer is a registered financial advisor currently at AMERICAN ALTERNATIVE CAPITAL, LLC located in Ann Arbor, Michigan. Michael is registered as a RR (Registered Representative) and started their career in finance in 1996. Michael has worked at 6 firms and has passed the Series 65, Series 63, SIE and Series 7 exams.

At a Glance

Best-Interest Standard

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

More Resources

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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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Years of Experience

30 years in the financial services industry

Current & Past Employments

Current

AMERICAN ALTERNATIVE CAPITAL, LLCCurrent·CRD# 309956
BD
3909 Research Park Drive Suite 250, Ann Arbor, MI 48108
March 5, 2025 - Present

Past

RCX CAPITAL GROUP, LLCPast·CRD# 114290
BD
The Woodlands, TX
August 27, 2018 - March 14, 2025
INLAND INVESTMENT ADVISORS, LLCPast·CRD# 109933
RIA
Oak Brook, IL
March 27, 2009 - June 28, 2022
INLAND SECURITIES CORPORATIONPast·CRD# 15807
BD
Oak Brook, IL
September 7, 2007 - August 28, 2018
FIRST ANALYSIS SECURITIES CORPORATIONPast·CRD# 10446
BD
Chicago, IL
January 23, 1998 - July 18, 2007
INVESTORS ASSOCIATES, INC.Past·CRD# 958
BD
Hackensack, NJ
October 9, 1996 - December 23, 1996

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Current Firm

AA
AMERICAN ALTERNATIVE CAPITAL, LLC

AMERICAN ALTERNATIVE CAPITAL, LLC | LINK ALTS CAPITAL, LLC

CRD#: 309956 / SEC#: 8-70651
BD
Broker-Dealer Firm Regulated by FINRA (Chicago district office)

Contact Information

Main Address

3909 Research Park Drive Suite 250, Ann Arbor, MI 48108

Mailing Address

3909 Research Park Drive Suite 250, Ann Arbor, MI 48108

Phone Number

(248) 428-8002

Established

Colorado since 07/06/2020

Firm Type

Limited Liability Company

Fiscal Year End

December

Firm Size

Small

FINRA licenses (53 States and Territories)

Registered to provide investment advisory services in 0 US states and territories.

Documents

Direct owners and executive officers

NamePositionCRD#
CARPE DIEM I, LLCMEMBER—
CONCORDE INVESTMENT PARTNERS, LLCOWNER/MANAGING MEMBER—
DELUNA, LORI MARIECHIEF COMPLIANCE OFFICER5087442
FORGE, SEAN CHRISTOPHERDIRECTOR OF OPERATIONS2826077
KAVANAUGH, JASON PATRICKPRESIDENT, DESIGNATED PRINCIPAL2693303

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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.

#1. NAME OF BUSINESS - INGENIOUS IO; INVESTMENT RELATED - NO; ADDRESS - 116 WEST HUBBARD STREET, SUITE 301, CHICAGO, ILLINOIS 60654; NATURE - CLOUD BASED CONSTRUCTION MANAGEMENT PLATFORM; POSITION - OWNER; START DATE - 08/2017; APPROXIMATE NUMBER OF HOURS PER MONTH - 0, WITH ZERO DURING TRADING HOURS; DUTIES - STRATEGIC INTRODUCTIONS. #2. NAME OF BUSINESS - REAL CONNEX; INVESTMENT RELATED - NO; ADDRESS - 122 W. 26TH STREET, NEW YORK, NEW YORK 10001; NATURE - IS A B2B REAL ESTATE DEAL-MAKING PLATFORM DESIGN TO CONNECT THE ENTIRE REAL ESTATE ECOSYSTEM TOGETHER IN ONE PLACE TO HELP MAKE MORE TRANSACTIONS HAPPEN FASTER AND MORE EFFICIENTLY; POSITION - PASSIVE OWNER; START DATE - 2016; APPROXIMATE NUMBER OF HOURS PER MONTH - 0, WITH ZERO DURING TRADING HOURS; DUTIES - NONE. #3. NAME OF BUSINESS - ENSENIA WEALTH, LLC; INVESTMENT RELATED - YES; ADDRESS - 2901 BUTTERFIELD ROAD, OAK BROOK, ILLINOIS 60523; NATURE - INVESTMENT ADVISOR; POSITION - ACTIVE OWNER; START DATE - 11/2018; APPROXIMATE NUMBER OF HOURS PER MONTH - 120, WITH 6.5 DURING TRADING HOURS; DUTIES - PORTFOLIO MANAGER AND INVESTMENT ADVISOR. #4. NAME OF BUSINESS - MRRM, LLC; INVESTMENT RELATED - YES; ADDRESS - 1810 N KASPER AVENUE, ARLINGTON HEIGHTS, IL 60004; NATURE - HOLDING COMPANY FOR OWNERSHIP PURPOSES; POSITION - OWNER/MANAGING MEMBER; START DATE - 2018; APPROXIMATE NUMBER OF HOURS PER MONTH - 0, WITH ZERO DURING TRADING HOURS; DUTIES - HOLDING COMPANY. #5. NAME OF BUSINESS - REDELY; INVESTMENT RELATED - YES; ADDRESS - STILL WAITING ON DOCUMENTATION; NATURE - REAL ESTATE TRANSACTION PLATFORM; POSITION - PASSIVE OWNER; START DATE - ; 01/2020; APPROXIMATE NUMBER OF HOURS PER MONTH - 1 TO 2, WITH ZERO DURING TRADING HOURS; DUTIES - INTRODUCTIONS OF PLATFORM TO RIA'S & FAMILY OFFICES.

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State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Alabama
(7/31/2025)
RR
California
(7/17/2025)
RR
Colorado
(11/4/2025)
RR
Indiana
(3/5/2025)
RR
Maine
(6/25/2026)
RR
Massachusetts
(6/9/2026)
RR
Michigan
(9/25/2025)
RR
Minnesota
(9/25/2025)
RR
New Jersey
(6/9/2026)
RR
New York
(7/23/2025)
RR
North Carolina
(6/17/2026)
RR
Ohio
(3/5/2025)
RR
Texas
(3/5/2025)
RR
Utah
(3/5/2025)
RR
Washington
(6/9/2026)
RR
Wisconsin
(9/9/2025)

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 Mar 2009About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Oct 1996About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Oct 1996About the Series 7 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - BD

Click below to view Michael Patrick Scherer's CRS (Customer Relationship Summary).

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