Michael J. Greenen
Professional summary
Michael John Greenen, CFP® is a registered financial advisor currently at EDGE FINANCIAL ADVISORS, LLC located in Wheaton, Illinois and CERITY PARTNERS RETIREMENT PLAN CONSULTANTS located in Wheaton, Illinois.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2001. Michael has worked at 9 firms and has passed the Series 66, SIE and Series 7 exams.
Core Areas of Focus
Question & Answer
Aliases
Other business activities
CRS (Client Relationship Summary) - RIA
CERITY PARTNERS LLC - Registered Investment Advisory firm
Version Date: Thu Mar 28 2024Cerity Partners LLC is registered with the Securities and Exchange Commission as an Investment Advisor with offices throughout the United States. Registration of an Investment Advisor does not imply any level of skill or training.
Brokerage and investment advisory services and fees differ, and it is important as a retail investor to understand the difference. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.
Fees and Costs:
Cerity Partners charges asset-based, fixed, and hourly fees. Our fee for wealth management services, including investment advisory, is up to 1.50% per year of assets under management, and the fee is negotiable based on certain criteria. While our standard agreement is inclusive of all services, we may from time to time quote a fixed annual retainer for services based on the scope of the engagement. We may enter into performance fee arrangements with qualified clients. You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what other fees and costs you are paying, such as custodian fees and underlying investment fees. For more information on our fees and how we calculate fees, please refer to Item 5 of Cerity Partners ADV Part 2A Disclosure Brochure or at https://adviserinfo.sec.gov/firm/summary/151559. Our advisors are compensated based on the amount of assets under management that they personally manage.
Questions to ask your Professional:
- Help me understand how these fees and costs might affect my investments. If I give you $1,000,000 to invest, how much will go to fees and costs, and how much will be invested for me?
Conflicts of Interest:
When we act as your investment adviser, we are required to act in your best interest and not put our own interest ahead of your interests. At the same time, the way Cerity Partners is compensated creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means:
Cerity Partners’ affiliate, Sage Advisors (“Sage”) manages proprietary and unaffiliated private investment funds and creates a conflict of interest if we recommend Sage over other unaffiliated funds invested in a similar fashion.
The more assets in a client’s account(s) will result in more fees, so Cerity Partners may have an incentive to recommend the client increase the assets in their accounts.
Performance-based fee arrangements create a conflict of interest and an incentive to recommend certain investments over an investment with a different fee arrangement.
Cerity Partners may accept sponsorship of client and prospect events from certain third-party managers creating a conflict of interest if we recommend certain managers from whom we accept sponsorships over others that do not provide sponsorships. For further information on Sage, performance-based fees, sponsorships and our conflicts of interest, please refer to Item 10, Item 6, Item 12 of Cerity Partners ADV Part 2A Disclosure Brochure or at https://adviserinfo.sec.gov/firm/summary/151559
Questions to ask your Professional:
- How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Certified licenses
Start date: 2001
Experience
June 24, 2025 - Present
EDGE FINANCIAL ADVISORS, LLC
Office #1: 111 West Wesley Street Suite 1, Wheaton, IL 60187March 5, 2026 - Present
CERITY PARTNERS RETIREMENT PLAN CONSULTANTS
Office #1: 111 W Wesley St Suite 1, Wheaton, IL 60187March 5, 2026 - Present
CERITY PARTNERS LLC
Office #1: 111 W Wesley St Suite 1, Wheaton, IL 60187August 28, 2019 - July 31, 2025
LANTERN WEALTH GUARDIANS LTD.
February 16, 2005 - August 23, 2019
AVANTAX ADVISORY SERVICES
January 10, 2005 - August 23, 2019
AVANTAX INVESTMENT SERVICES, INC.
August 27, 2002 - December 31, 2004
WATERSTONE FINANCIAL GROUP, INC.
February 16, 2001 - August 14, 2002
CETERA INVESTMENT ADVISERS LLC
January 16, 2001 - July 22, 2002
CETERA FINANCIAL SPECIALISTS LLC
Primary Firm SEC Registration
CERITY PARTNERS LLC
CRD#: 151559 / SEC#: 801-70719
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Highlighted states indicate IAR registrations
(6/24/2025)
Exams
Current Firm
CERITY PARTNERS LLC
CRD#: 151559 / SEC#: 801-70719
Contact information
SEC notice filing (53 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 19,810 |
| AUM (Assets Under Management) | $ 122,848,693,051 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/23/2025 | ||
| 07/24/2024 | ||
| 09/28/2023 |
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.
