MD
Michael D. Dempsey
CETERA INVESTMENT ADVISERS LLC
ADRIAN, MI 49221
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CRD#: 4481447
MD
Professional summary
Michael Daniel Dempsey, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Adrian, Michigan and CETERA WEALTH SERVICES, LLC located in Adrian, Michigan.
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 63, SIE, Series 7 and Series 6 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) SEA HORSE BEACH RESORT POSITION: OWNER NATURE: Rental Real Estate - Building consists of 36 units each individually owned. Day to day operations by onsite managment employed by the owners association. Pay quarterly management fee. Certain monthly expenses such as maid service, credit card charge and reserve funds are deducted from rental check. INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 03/01/2003 ADDRESS: 3453 Gulf Of Mexico Dr, Longboat Key FL 34228, United States DESCRIPTION: I am responsible for paying bills associated with this activity and monthly accounting and annual accounting. 2) DEMPSEY & DEMPSEY DEVELOPMENT, LLC POSITION: MEMBER NATURE: REAL ESTATE INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 05/01/2005 ADDRESS: 1881 West Maumee St., Adrian MI 49221, United States DESCRIPTION: LLC FORMED TO HOLD THE REAL ESTATE OF OUR BUSINESS (DEMPSEY & DEMPSEY PC, CPA'S). 3) DEMPSEY & DEMPSEY, P.C CPAS POSITION: CPA /SHAREHOLDER NATURE: Office of Certified Public Accoutant INVESTMENT RELATED: No NUMBER OF HOURS: 115 SECURITIES TRADING HOURS: 115 START DATE: 01/01/1994 ADDRESS: 1881 West Maumee St., Adrian MI 49221, United States DESCRIPTION: Accounting and tax service. 4) DEMPSEY & DEMPSEY FINANCIAL SERVICES, LLC POSITION: 50% Member of LLC NATURE: Financial services and investments offered as registered representatives of Avantax Wealth Management. INVESTMENT RELATED: Yes NUMBER OF HOURS: 59 SECURITIES TRADING HOURS: 52 START DATE: 01/01/2007 ADDRESS: 1881 West Maumee St., Adrian MI 49221, United States DESCRIPTION: Monitor investment accounts, Investment sales and perform administrative duties. 7) MICHAEL D DEMPSEY TRUST POSITION: Trustee NATURE: Personal revocable trust to hold real estate, investments and cash INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 11/17/1999 ADDRESS: 3127 Windmill Ct, Adrian MI 49221, United States DESCRIPTION: Trustee to my personal revocable trust. 8) WILLIS & MACHNIK FINANCIAL SERVICES, LLC POSITION: Financial Advisor NATURE: DBA used to market business as a Registered Representative of Avantax Investment Services, Inc., Investment Adviser Representative of Avantax Advisory Services and Insurance Agent of Avantax Insurance Services, Inc. INVESTMENT RELATED: Yes NUMBER OF HOURS: 60 SECURITIES TRADING HOURS: 60 START DATE: 02/01/2024 ADDRESS: 400 S. Jackson St, Jackson MI 49201, United States DESCRIPTION: Independent contractor acting as a Registered Representative, Investment Adviser and Insurance Agent.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Daniel Dempsey'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®
Experience
Current
September 5, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 1881 West Maumee Street, Adrian, MI 49221RIA
CRD#: 105644
ADRIAN, MI
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 1881 West Maumee Street, Adrian, MI 49221BD
CRD#: 13572
ADRIAN, MI
Past
October 25, 2019 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
ADRIAN, MI
Past
October 25, 2019 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
ADRIAN, MI
Past
April 8, 2010 - October 25, 2019
1ST GLOBAL ADVISORS INC
RIA
CRD#: 111133
ADRIAN, MI
Past
January 4, 2006 - October 25, 2019
1ST GLOBAL CAPITAL CORP.
BD
CRD#: 30349
ADRIAN, MI
Past
December 14, 2001 - January 24, 2006
OSAIC FS, INC.
BD
CRD#: 3870
FORT WAYNE, IN
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
Florida(9/5/2025)
RR
Illinois(9/5/2025)
RR
Indiana(9/5/2025)
RR
Kentucky(9/5/2025)
RR
Maryland(9/5/2025)
RR
Michigan(9/5/2025)
IAR
Michigan(9/5/2025)
RR
North Carolina(9/5/2025)
RR
Ohio(9/5/2025)
RR
Texas(9/18/2025)
IAR
Texas(10/8/2025)
Exams
State Security Law Exam
General Industry/Product 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.
