Michael D. Kortfelt

SCHWAB WEALTH ADVISORY

INDIANAPOLIS, IN 46240-2482

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CRD#: 3193107

Professional summary

Michael Donald Kortfelt, CFP®, CPWA®, who also goes by Michael D Kortfelt, is a registered financial advisor currently at SCHWAB WEALTH ADVISORY, INC. located in Indianapolis, Indiana and CHARLES SCHWAB & CO., INC. located in Indianapolis, Indiana.

Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1999. Michael has worked at 7 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Michael D Kortfelt

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 Donald Kortfelt'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®

CFP^®

Certified Financial Planner

CPWA^®

Certified Private Wealth Advisor

Start date: 2021-04-27

Expire date: 2023-03-31

Experience

Current

July 24, 2014 - Present

SCHWAB WEALTH ADVISORY, INC.

Office #1: 8332 Woodfield Crossing Blvd, Indianapolis, IN 46240-2482

RIA

CRD#: 159035

INDIANAPOLIS, IN

Current

July 24, 2014 - Present

CHARLES SCHWAB & CO., INC.

Office #1: 8332 Woodfield Crossing Blvd, Indianapolis, IN 46240-2482

RIA

CRD#: 5393

Indianapolis, IN

Past

January 20, 2012 - August 30, 2012

ESSEX NATIONAL SECURITIES, LLC

RIA

CRD#: 25454

BIRMINGHAM, MI

Past

January 12, 2012 - May 23, 2014

ESSEX NATIONAL SECURITIES, LLC

CRD#: 25454

BIRMINGHAM, MI

Past

November 25, 2010 - January 30, 2012

LPL FINANCIAL LLC

CRD#: 6413

NOVI, MI

Past

November 24, 2010 - January 30, 2012

LPL FINANCIAL LLC

RIA

CRD#: 6413

NOVI, MI

Past

September 27, 2006 - July 17, 2009

FIFTH THIRD SECURITIES, INC.

RIA

CRD#: 628

NOVI, MI

Past

September 26, 2006 - July 17, 2009

FIFTH THIRD SECURITIES, INC.

CRD#: 628

NOVI, MI

Past

June 23, 2006 - September 18, 2006

NATCITY INVESTMENTS, INC.

RIA

CRD#: 17490

ST. CLAIR SHORES, MI

Past

April 8, 2003 - September 18, 2006

NATCITY INVESTMENTS, INC.

CRD#: 17490

ST. CLAIR SHORES, MI

Past

January 10, 2002 - April 8, 2003

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

RIA

CRD#: 7691

BLF. HILLS, MI

Past

March 16, 1999 - April 8, 2003

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

CRD#: 7691

NEW YORK, NY

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".

SCHWAB WEALTH ADVISORY, INC.

SCHWAB PRIVATE CLIENT INVESTMENT ADVISORY, INC. | SCHWAB WEALTH ADVISORY, INC.

CRD#: 159035 / SEC#: 801-72795

RIA

Registered Investment Advisory firm - (12/9/2011 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

California
(8/27/2014)

Colorado
(1/23/2015)

Connecticut
(7/24/2014)

Florida
(7/24/2014)

Georgia
(7/24/2014)

Hawaii
(10/31/2018)

Illinois
(10/25/2017)

Indiana
(7/24/2014)

IAR

Indiana
(7/24/2014)

Maine
(7/24/2014)

Massachusetts
(7/24/2014)

Minnesota
(2/7/2024)

Nevada
(1/5/2016)

New Hampshire
(7/24/2014)

New Jersey
(7/24/2014)

New York
(7/24/2014)

North Carolina
(12/11/2014)

North Dakota
(2/7/2024)

Ohio
(2/7/2024)

Pennsylvania
(7/24/2014)

Rhode Island
(7/24/2014)

South Carolina
(7/24/2015)

Texas
(10/27/2020)

IAR

Texas
(1/10/2021)

Utah
(6/21/2025)

Vermont
(7/24/2014)

Virgin Islands
(2/7/2024)

Virginia
(6/27/2016)

Washington
(7/9/2018)

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 65

Date: 9/26/2000

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 4/13/1999

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: 3/15/1999

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 5/7/2005

General Securities Principal Examination

SRO Registrations

FINRA

SRO Registrations

Nasdaq Stock Market

Current Firm

SCHWAB WEALTH ADVISORY, INC.

SCHWAB PRIVATE CLIENT INVESTMENT ADVISORY, INC. | SCHWAB WEALTH ADVISORY, INC.

CRD#: 159035 / SEC#: 801-72795

RIA

Registered Investment Advisory firm - (12/9/2011 Approved)

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Contact information

Main Address

211 Main Street, San Francisco, CA 94105-1901

Mailing Address

Phone number

(415) 667-7000

Established

Firm type

Fiscal year end

# of Employees

1,042

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

SCHWAB WEALTH ADVISORY, INC. DISCLOSURE BROCHURE (9/23/2025)

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 D. Kortfelt

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael Donald Kortfelt's CRS (Customer Relationship Summary).

Certified licenses

Experience

CHARLES SCHWAB & CO., INC.

ESSEX NATIONAL SECURITIES, LLC

ESSEX NATIONAL SECURITIES, LLC

LPL FINANCIAL LLC

LPL FINANCIAL LLC

FIFTH THIRD SECURITIES, INC.

FIFTH THIRD SECURITIES, INC.

NATCITY INVESTMENTS, INC.

NATCITY INVESTMENTS, INC.

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

Primary Firm SEC Registration

SCHWAB WEALTH ADVISORY, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 9/26/2000

Series 63

Date: 4/13/1999

SIE

Date: 10/1/2018

Series 7

Date: 3/15/1999

Series 24

Date: 5/7/2005

FINRA

Nasdaq Stock Market

Current Firm

SCHWAB WEALTH ADVISORY, INC.

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Red Flags

Company Information

SCHWAB WEALTH ADVISORY, INC.

TRUST BUT VERIFY

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