Michael S. Shannon

FIRST TRUST ADVISORS LP

YARDLEY, PA

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CRD#: 2962973

Professional summary

Michael Sprout Shannon is a registered financial advisor currently at FIRST TRUST ADVISORS LP located in Yardley, Pennsylvania and FIRST TRUST PORTFOLIOS L.P. located in Wheaton, Illinois.

Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1997. Michael has worked at 11 firms and has passed the Series 66, Series 63, SIE, Series 7 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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Sprout Shannon's CRS (Customer Relationship Summary).

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®

None

Experience

Current

October 1, 2012 - Present

FIRST TRUST ADVISORS LP

RIA

CRD#: 107027

YARDLEY, PA

Current

April 4, 2011 - Present

FIRST TRUST PORTFOLIOS L.P.

Office #1: 120 E. Liberty Drive Suite 400, Wheaton, IL 60187

CRD#: 28519

WHEATON, IL

Past

February 28, 2008 - March 31, 2011

DWS DISTRIBUTORS, INC.

CRD#: 37306

NEW YORK, NY

Past

December 7, 2004 - February 21, 2008

PACIFIC SELECT DISTRIBUTORS, LLC

CRD#: 4452

NEWPORT BEACH, CA

Past

August 16, 2004 - December 16, 2004

SUN LIFE FINANCIAL DISTRIBUTORS, INC.

CRD#: 5496

WELLESLEY HILLS, MA

Past

December 13, 2002 - August 31, 2004

IFMG SECURITIES, INC.

CRD#: 14416

PURCHASE, NY

Past

April 17, 2002 - December 31, 2002

SUN LIFE FINANCIAL DISTRIBUTORS, INC.

CRD#: 5496

WELLESLEY HILLS, MA

Past

February 7, 2001 - October 23, 2001

LINCOLN FINANCIAL DISTRIBUTORS, INC.

CRD#: 145

RADNOR, PA

Past

October 1, 1999 - November 28, 2000

IFMG SECURITIES, INC.

CRD#: 14416

PURCHASE, NY

Past

June 11, 1999 - October 1, 1999

MARKETING ONE SECURITIES, INC.

CRD#: 16611

PORTLAND, OR

Past

November 2, 1998 - June 7, 1999

CONSECO SECURITIES, INC.

CRD#: 29367

CARMEL, IN

Past

April 9, 1998 - September 11, 1998

JANNEY MONTGOMERY SCOTT LLC

CRD#: 463

PHILADELPHIA, PA

Past

November 3, 1997 - June 8, 1998

PRINCIPAL SECURITIES, INC.

CRD#: 1137

DES MOINES, IA

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".

FIRST TRUST ADVISORS LP

CRD#: 107027 / SEC#: 801-39950

RIA

Registered Investment Advisory firm - (10/4/1991 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.

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

Illinois
(4/4/2011)

IAR

Illinois
(10/1/2012)

New Jersey
(1/19/2012)

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. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 66

Date: 9/28/2012

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 11/19/1997

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 10/31/1997

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 6/3/2022

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

FIRST TRUST ADVISORS LP

CRD#: 107027 / SEC#: 801-39950

RIA

Registered Investment Advisory firm - (10/4/1991 Approved)

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Contact information

Main Address

120 E. Liberty Drive Suite 400, Wheaton, IL 60187

Mailing Address

Phone number

(630) 765-8000

Established

Firm type

Fiscal year end

# of Employees

520

SEC notice filing (51 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FTA FORM ADV PART 2A BROCHURE - 03.31.2025 (3/31/2025)

Regulatory assets under management

Total Number of Accounts	5,033
AUM (Assets Under Management)	$ 256,328,000,000

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.

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Firm Stability Insights

Michael S. Shannon

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Sprout Shannon's CRS (Customer Relationship Summary).

Certified licenses

Experience

FIRST TRUST PORTFOLIOS L.P.

DWS DISTRIBUTORS, INC.

PACIFIC SELECT DISTRIBUTORS, LLC

SUN LIFE FINANCIAL DISTRIBUTORS, INC.

IFMG SECURITIES, INC.

SUN LIFE FINANCIAL DISTRIBUTORS, INC.

LINCOLN FINANCIAL DISTRIBUTORS, INC.

IFMG SECURITIES, INC.

MARKETING ONE SECURITIES, INC.

CONSECO SECURITIES, INC.

JANNEY MONTGOMERY SCOTT LLC

PRINCIPAL SECURITIES, INC.

Primary Firm SEC Registration

FIRST TRUST ADVISORS LP

State Registrations and Notice Filings

Exams

Series 66

Date: 9/28/2012

Series 63

Date: 11/19/1997

SIE

Date: 10/1/2018

Series 7

Date: 10/31/1997

Series 24

Date: 6/3/2022

FINRA

Current Firm

FIRST TRUST ADVISORS LP

Contact information

SEC notice filing (51 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

FIRST TRUST ADVISORS LP

TRUST BUT VERIFY

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