Michael J. Nakashima
CETERA INVESTMENT ADVISERS LLC
BLOOMINGTON, MN 55431
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CRD#: 4292986
Professional summary
Michael James Nakashima, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Bloomington, Minnesota and CETERA WEALTH SERVICES, LLC located in Bloomington, Minnesota.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2001. Michael has worked at 7 firms and has passed the Series 66, Series 63, SIE and Series 7 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.
(dba) INNOVATE FINANCIAL,INC; Investment Related; 8120 Penn Avenue South, Suite 565, Bloomington, MN 55431; Financial and Planning Services; Owner/Financial Planner/Independent Insurance Agent; Start Date 01/2007; 200 hours per month with 160 of those hours per month occurring during trading hours; Offer Life, Long-Term Care, and Annuity Insurance product sales and service through varied insurance carriers. >> FEDERAL EXECUTIVE BOARD OF MN; Non-Investment Related; 1 Federal Drive, Suite 2250, St. Paul MN 55111; Federal Benefits Education; Educator/Trainer; Start Date 03/2016; 16 hours per month with those 16 hours per month occurring during trading hours; We are hired and paid by the Federal Executive of Board of Minnesota to train federal employees on their benefits. We train at different agencies all over the state of MN. This is purely for educational purposes. >> NOTARY; Non-Investment Related; 8120 Penn Avenue South, Suite 565, Bloomington, MN 55431; Notary; Notary; Start Date 01/2012; No hours per month; Provide notary services to my clients as/if needed - usually no more than 3-5 times per year.
CRS (Client Relationship Summary) - RIA
Click below to view Michael James Nakashima'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: 2015
Experience
Current
February 20, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 8120 Penn Avenue South Suite 565, Bloomington, MN 55431RIA
CRD#: 105644
BLOOMINGTON, MN
Current
February 20, 2025 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 8120 Penn Avenue South Suite 565, Bloomington, MN 55431BD
CRD#: 13572
Bloomington, MN
Past
April 8, 2016 - February 20, 2025
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
RIA
CRD#: 15708
Bloomington, MN
Past
April 8, 2016 - February 20, 2025
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
BD
CRD#: 15708
Bloomington, MN
Past
December 21, 2010 - April 14, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC
RIA
CRD#: 16164
RICHFIELD, MN
Past
September 4, 2009 - April 14, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC
BD
CRD#: 16164
RICHFIELD, MN
Past
January 28, 2004 - September 4, 2009
TRANSAMERICA FINANCIAL ADVISORS, INC.
BD
CRD#: 3600
RICHFIELD, MN
Past
January 3, 2002 - January 7, 2004
JACKSON NATIONAL LIFE DISTRIBUTORS LLC
BD
CRD#: 40178
FRANKLIN, TN
Past
February 14, 2001 - August 15, 2001
TD AMERITRADE, INC.
BD
CRD#: 7870
OMAHA, NE
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 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.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
Arizona(2/20/2025)
RR
California(2/20/2025)
RR
District of Columbia(2/20/2025)
RR
Florida(2/20/2025)
RR
Illinois(2/20/2025)
RR
Iowa(2/20/2025)
RR
Kentucky(2/20/2025)
RR
Maine(4/10/2025)
RR
Maryland(2/20/2025)
RR
Minnesota(2/20/2025)
IAR
Minnesota(2/20/2025)
RR
Missouri(7/15/2025)
RR
Nebraska(2/20/2025)
RR
Nevada(2/20/2025)
RR
New Jersey(2/20/2025)
RR
New Mexico(2/20/2025)
RR
North Dakota(2/20/2025)
RR
Ohio(2/20/2025)
RR
Oregon(2/20/2025)
RR
Pennsylvania(2/20/2025)
RR
South Carolina(2/20/2025)
RR
Texas(2/20/2025)
IAR
Texas(2/20/2025)
RR
Virginia(2/20/2025)
RR
Washington(2/20/2025)
RR
Wisconsin(2/20/2025)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
