KM
Kraig R. Mickelsen
ARETE WEALTH ADVISORS
St. Charles, IL 60174
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CRD#: 2845238
KM
Professional summary
Kraig Richard Mickelsen, CFP® is a registered financial advisor currently at ARETE WEALTH ADVISORS, LLC located in St. Charles, Illinois and ARETE WEALTH MANAGEMENT, LLC located in St. Charles, Illinois.
Kraig is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1997. Kraig has worked at 9 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 6 and Series 24 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. INTEGRATED PLANNING LLC, 555 S. RANDALL ROAD SUITE 202, ST. CHARLES, IL 60174.; MINORITY OWNER; MANAGING MEMBER; INSURANCE, INVESTMENT & FINANCIAL PLANNING COLLABORATIVE WITH OTHER LICENSED FINANCIAL PROFESSIONAL; INCEPTION DATE 2/2002; THIS IS AN INVESTMENT RELATED ACTIVITY; TIME DEVOTED TO BUSINESS IS 20 HOURS A MONTH WITH 15 HOURS DURING TRADING HOURS; COMP IS PRO-RATA PROFIT/LOSS. 2. GREATER DES MOINES LAND, LLC, 10640 JUSTIN DR., URBANDALE, IA; LAND COMPANY; NON-MANAGING LLC MEMBER, NON-SECURITIES RELATED, PASSIVE INVESTOR, STARTED 5/27/10; APPROX 1 HOUR PER MONTH DEVOTED TO THIS ACTIVITY, NOT DURING SECURITIES TRADING HOURS, COMPENSATION IS PRO-RATA PROFIT/LOSS 3. INSURANCE SALES - 555 S RANDALL RD #202, ST CHARLES, IL.; AGENT SINCE 6/2004; LONG TERM CARE, LIFE, LIFE W/ LONG TERM CARE ANNUITY HYBRID, FIXED ANNUITIES. APPROXIMATELY 5-10 HOURS A MONTH ARE DEVOTED TO THIS ACTIVITY OF WHICH ALL ARE DURING TRADING HOURS. THIS IS NOT AN INVESTMENT RELATED ACTIVITY. COMP IS COMMISSION BASED. 4. KRM Properties Co., Inc. 10640 Justin Dr., Urbandale, IA.; Minority owner since 1/2014. Business is custom homebuilding. I am a part of routine decision-making pertaining to business planning, residential lot acquisitions and potential lot development opportunities, banking relationship interaction, vendor discussions. I also provide capital to this business. Approximately 30 hours a month are devoted to this activity of which 20 hours are during trading hours. This is not an investment related activity. Compensation is salary and minority owner profit/loss. 5. Tanzanite Homes Co., Inc. 10640 Justin Dr., Urbandale, IA.; minority owner since 1/2014. Business is homebuilding. Part of routine decision-making pertaining to business planning, lot acquisitions, banking relationship interaction, vendor discussions, product design, and product pricing. I also provide capital to this business. Approx. 30 hours a month are devoted to this activity of which 20 hours are during trading hours. This is not an investment related activity. Compensation is salary and minority owner profit/loss. 6. HUGHES FARM DEVELOPMENT NORWALK,LLC; NOT INVESTMENT RELATED; MEMBER/50% OWNER; URBANDALE, IL; LAND DEVELOPMENT & HOLDING COMPANY; ACTIVITY BEGAN 5/2018; I DEVOTE 1 HOUR PER MONTH TO THIS ACTIVITY WITH NONE DURING TRADING HOURS; PASSIVE LLC MEMBER OF THE LAND/LOT COMPANY. 7. KRM WEALTH MANAGEMENT, INC; INVESTMENT RELATED; GENEVA, IL; BUSINESS CORPORATION; SOLE SHAREHOLDER; ACTIVITY BEGAN 04/2020; I DEVOTE APPX 160 HOURS PER MONTH TO THIS ACTIVITY ALL DURING TRADING HOURS; ALL FEES AND COMMISSIONS EARNED ARE ASSIGNED TO THIS CORPORATION. 8. HUGHES TOWNHOMES, LLC; NON-INVESTMENT RELATED; URBANDALE, IA; RENTAL PROPERTY; CAPITAL PARTNER; ACTIVITY BEGAN 12/2022; I DEVOTE APPX 1 HOUR PER MONTH TO THIS ACTIVITY DURING TRADING HOURS; MEMBER/EQUITY PARTNER OF RENTAL PROPERTY LLC. 9. Justin Hub, LLC, Minority owner of commerical buildings, 2 hours per month, Urbandale, IA. Start Date, 4/2012.
CRS (Client Relationship Summary) - RIA
Click below to view Kraig Richard Mickelsen'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®
CFP®
Start date: 2003
Experience
Current
June 29, 2023 - Present
ARETE WEALTH ADVISORS, LLC
Office #1: 555 S. Randall Road Suite 202, St. Charles, IL 60174RIA
CRD#: 145488
St. Charles, IL
Current
June 29, 2023 - Present
ARETE WEALTH MANAGEMENT, LLC
Office #1: 555 S. Randall Road Suite 202, St. Charles, IL 60174BD
CRD#: 44856
St. Charles, IL
Past
May 26, 2010 - January 23, 2012
WHEATON WEALTH PARTNERS, LLC
RIA
CRD#: 153638
WHEATON, IL
Past
August 4, 2006 - July 3, 2023
AUSDAL FINANCIAL PARTNERS, INC.
RIA
CRD#: 7995
ST. CHARLES, IL
Past
August 4, 2006 - July 3, 2023
AUSDAL FINANCIAL PARTNERS, INC.
BD
CRD#: 7995
ST. CHARLES, IL
Past
February 26, 2002 - August 3, 2006
QA3 FINANCIAL LLC
RIA
CRD#: 104957
ST CHARLES, IL
Past
January 7, 2002 - August 2, 2006
QA3 FINANCIAL CORP.
BD
CRD#: 14754
ST CHARLES, IL
Past
January 5, 1999 - January 3, 2002
INVESTMENT PLANNERS, INC.
BD
CRD#: 18557
DECATUR, IL
Past
January 22, 1998 - January 5, 1999
USALLIANZ SECURITIES, INC.
BD
CRD#: 40875
MINNEAPOLIS, MN
Past
February 7, 1997 - January 28, 1998
DREHER & ASSOCIATES, INC.
BD
CRD#: 8665
OAKBROOK TERRACE, IL
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".
AW
ARETE WEALTH ADVISORS, LLC
25 FINANCIAL | WESTERN PORTFOLIO PARTNERS | WEALTH STRATEGIES ADVISORY GROUP | WEALTH SOLUTIONS 360 | THORNHILL FINANCIAL | SILVERCAP WEALTH MANAGEMENT | SHADES CREEK WEALTH ADVISORS | SECOND LEVEL CAPITAL | SARANAC ADVISORS | ROBERTS TAX AND RETIREMENT PLANNING | PROGEN FINANCIAL CONSULTING | PINNACLE FINANCIAL WEALTH MANAGEMENT | PFS WEALTH MANAGEMENT | PATHWAY FINANCIAL MANAGEMENT | OLD GROWTH CAPITAL | NTS BEARING | NARISH FINANCIAL SERVICES | MCKINLEY WEALTH MANAGEMENT LLC | MASTERWORKS.IO | MAJORS FINANCIAL | MAGNOLIA CAPITAL MANAGEMENT | LEGACY FINANCIAL | LEBLANC FINANCIAL ALLIANCE | KRM FINANCIAL SERVICES | JOHN GALT WEALTH SOLUTIONS | INSIGHT WEALTH GROUP | IJK FUNDS | HUDSONPOINT CAPITAL | HILL & HILL FINANCIAL | GOVIC CAPITAL | GOLUB CAPITAL | FREEDOM FINANCIAL WEALTH AND TAX, LLC | FINCADIA CAPITAL PARTNERS | FINANCIAL RESOURCE MANAGEMENT | DUPRE CARRIER GODCHAUX FINANCIAL SERVICES | CYGNUS CAPITAL | CURA WEALTH PARTNERS | CREATIVE HEALTH CAPITAL, LLC | COOPER TOWER WEALTH | CONNER FINANCIAL LLC | CALIBER FINANCIAL PARTNERS | AXXCESS WEALTH MANAGEMENT, LLC | AXXCESS WEALTH MANAGEMENT LLC | ARNO WEALTH MANAGEMENT, LLC | ARETE WEALTH ADVISORS, LLC | ALVERY BARTLETT GROUP | ALTERNATIVE INVESTMENT SPECIALISTS LLC
CRD#: 145488 / SEC#: 801-69827
RIA
Registered Investment Advisory firm - (1/5/2009 Approved)District of Columbia
Registered Investment Advisory firm - (1/12/2009 Terminated)Illinois
Registered Investment Advisory firm - (1/8/2008 Terminated)Maryland
Registered Investment Advisory firm - (2/10/2009 Terminated)Massachusetts
Registered Investment Advisory firm - (1/22/2009 Terminated)Virginia
Registered Investment Advisory firm - (1/12/2009 Terminated)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
Alaska(6/30/2023)
RR
Arizona(6/29/2023)
RR
California(6/29/2023)
RR
Colorado(6/29/2023)
RR
Florida(6/30/2023)
IAR
Florida(7/6/2023)
RR
Georgia(6/29/2023)
RR
Idaho(7/25/2023)
RR
Illinois(6/29/2023)
IAR
Illinois(6/29/2023)
RR
Indiana(6/29/2023)
RR
Iowa(6/29/2023)
RR
Kansas(6/29/2023)
RR
Kentucky(6/29/2023)
RR
Michigan(6/29/2023)
RR
Minnesota(6/29/2023)
RR
Missouri(6/29/2023)
RR
New Mexico(6/29/2023)
RR
New York(6/29/2023)
RR
Ohio(6/29/2023)
RR
South Carolina(6/29/2023)
RR
Tennessee(6/29/2023)
RR
Texas(6/29/2023)
IAR
Texas(6/29/2023)
RR
Wisconsin(6/29/2023)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
AW
ARETE WEALTH ADVISORS, LLC
25 FINANCIAL | WESTERN PORTFOLIO PARTNERS | WEALTH STRATEGIES ADVISORY GROUP | WEALTH SOLUTIONS 360 | THORNHILL FINANCIAL | SILVERCAP WEALTH MANAGEMENT | SHADES CREEK WEALTH ADVISORS | SECOND LEVEL CAPITAL | SARANAC ADVISORS | ROBERTS TAX AND RETIREMENT PLANNING | PROGEN FINANCIAL CONSULTING | PINNACLE FINANCIAL WEALTH MANAGEMENT | PFS WEALTH MANAGEMENT | PATHWAY FINANCIAL MANAGEMENT | OLD GROWTH CAPITAL | NTS BEARING | NARISH FINANCIAL SERVICES | MCKINLEY WEALTH MANAGEMENT LLC | MASTERWORKS.IO | MAJORS FINANCIAL | MAGNOLIA CAPITAL MANAGEMENT | LEGACY FINANCIAL | LEBLANC FINANCIAL ALLIANCE | KRM FINANCIAL SERVICES | JOHN GALT WEALTH SOLUTIONS | INSIGHT WEALTH GROUP | IJK FUNDS | HUDSONPOINT CAPITAL | HILL & HILL FINANCIAL | GOVIC CAPITAL | GOLUB CAPITAL | FREEDOM FINANCIAL WEALTH AND TAX, LLC | FINCADIA CAPITAL PARTNERS | FINANCIAL RESOURCE MANAGEMENT | DUPRE CARRIER GODCHAUX FINANCIAL SERVICES | CYGNUS CAPITAL | CURA WEALTH PARTNERS | CREATIVE HEALTH CAPITAL, LLC | COOPER TOWER WEALTH | CONNER FINANCIAL LLC | CALIBER FINANCIAL PARTNERS | AXXCESS WEALTH MANAGEMENT, LLC | AXXCESS WEALTH MANAGEMENT LLC | ARNO WEALTH MANAGEMENT, LLC | ARETE WEALTH ADVISORS, LLC | ALVERY BARTLETT GROUP | ALTERNATIVE INVESTMENT SPECIALISTS LLC
CRD#: 145488 / SEC#: 801-69827
RIA
Registered Investment Advisory firm - (1/5/2009 Approved)District of Columbia
Registered Investment Advisory firm - (1/12/2009 Terminated)Illinois
Registered Investment Advisory firm - (1/8/2008 Terminated)Maryland
Registered Investment Advisory firm - (2/10/2009 Terminated)Massachusetts
Registered Investment Advisory firm - (1/22/2009 Terminated)Virginia
Registered Investment Advisory firm - (1/12/2009 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1115 W Fulton Market 3rd Floor, Chicago, IL 60607
Mailing Address
Phone number
(312) 940-3684
Established
Firm type
Fiscal year end
# of Employees
138
SEC notice filing (52 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 5,837 |
| AUM (Assets Under Management) | $ 3,152,167,506 |
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.
