Michael J. Klorer

KESTRA ADVISORY SERVICES

Montgomery, TX

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CRD#: 5172041

Professional summary

Michael James Klorer, who also goes by Michael Klorer, Mike Klorer, is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Montgomery, Texas and KESTRA INVESTMENT SERVICES, LLC located in Austin, Texas.

Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2006. Michael has worked at 12 firms and has passed the Series 65, Series 66, Series 52TO, SIE, Series 7, Series 53, Series 4 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Michael Klorer | Mike Klorer

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 James Klorer'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

July 14, 2021 - Present

KESTRA ADVISORY SERVICES, LLC

RIA

CRD#: 283330

Montgomery, TX

Current

July 14, 2021 - Present

KESTRA INVESTMENT SERVICES, LLC

Office #1: 5707 Southwest Parkway Building 2, Ste 400, Austin, TX 78735

CRD#: 42046

Austin, TX

Past

October 12, 2020 - June 18, 2021

SANCTUARY ADVISORS, LLC

RIA

CRD#: 226606

San Antonio, TX

Past

October 12, 2020 - June 18, 2021

SANCTUARY SECURITIES, INC.

CRD#: 205

INDIANAPOLIS, IN

Past

August 24, 2017 - October 13, 2020

SWBC INVESTMENT COMPANY

RIA

CRD#: 140994

SAN ANTONIO, TX

Past

August 24, 2017 - October 13, 2020

SWBC INVESTMENT SERVICES, LLC

CRD#: 133715

SAN ANTONIO, TX

Past

November 7, 2016 - January 3, 2017

TLWM FINANCIAL

RIA

CRD#: 158305

San Antonio, TX

Past

August 3, 2016 - January 6, 2017

LPL FINANCIAL LLC

CRD#: 6413

SAN ANTONIO, TX

Past

October 10, 2008 - August 11, 2016

SCOTTRADE, INC.

CRD#: 8206

WEBSTER, TX

Past

November 30, 2007 - September 25, 2008

USAA FINANCIAL PLANNING SERVICES

RIA

CRD#: 106352

SAN ANTONIO, TX

Past

November 30, 2007 - September 25, 2008

USAA FINANCIAL ADVISORS, INC.

CRD#: 129035

SAN ANTONIO, TX

Past

September 11, 2006 - November 29, 2007

UBS FINANCIAL SERVICES INC.

RIA

CRD#: 8174

SAN ANTONIO, TX

Past

August 28, 2006 - November 29, 2007

UBS FINANCIAL SERVICES INC.

CRD#: 8174

SAN ANTONIO, TX

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".

KESTRA ADVISORY SERVICES, LLC

KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC

CRD#: 283330 / SEC#: 801-56126

RIA

Registered Investment Advisory firm - (12/31/1998 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

Alabama
(7/14/2021)

Alaska
(7/14/2021)

Arizona
(7/14/2021)

Arkansas
(7/14/2021)

California
(7/14/2021)

Colorado
(7/14/2021)

Connecticut
(7/14/2021)

Delaware
(7/14/2021)

District of Columbia
(7/14/2021)

Florida
(7/14/2021)

Georgia
(7/14/2021)

Hawaii
(7/14/2021)

Idaho
(7/14/2021)

Illinois
(7/14/2021)

Indiana
(7/14/2021)

Iowa
(7/14/2021)

Kansas
(7/14/2021)

Kentucky
(7/14/2021)

Louisiana
(7/14/2021)

Maine
(7/14/2021)

Maryland
(7/14/2021)

Massachusetts
(7/14/2021)

Michigan
(7/14/2021)

Minnesota
(7/14/2021)

Mississippi
(7/14/2021)

Missouri
(7/14/2021)

Montana
(7/14/2021)

Nebraska
(7/14/2021)

Nevada
(7/14/2021)

New Hampshire
(7/14/2021)

New Jersey
(7/14/2021)

New Mexico
(7/14/2021)

New York
(7/14/2021)

North Carolina
(7/15/2021)

North Dakota
(7/14/2021)

Ohio
(7/14/2021)

Oklahoma
(7/14/2021)

Oregon
(7/14/2021)

Pennsylvania
(7/14/2021)

Puerto Rico
(7/14/2021)

Rhode Island
(7/14/2021)

South Carolina
(7/14/2021)

South Dakota
(7/14/2021)

Tennessee
(7/14/2021)

Texas
(7/14/2021)

IAR

Texas
(7/14/2021)

Utah
(7/14/2021)

Vermont
(7/14/2021)

Virgin Islands
(7/14/2021)

Virginia
(7/14/2021)

Washington
(7/14/2021)

West Virginia
(7/14/2021)

Wisconsin
(7/14/2021)

Wyoming
(7/14/2021)

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: 11/6/2016

Uniform Investment Adviser Law Examination

State Security Law Exam

IAR

Series 66

Date: 9/8/2006

Uniform Combined State Law Examination

General Industry/Product Exam

Series 52TO

Date: 1/2/2023

Municipal Securities Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/25/2006

General Securities Representative Examination

Principal/Supervisory Exam

Series 53

Date: 10/7/2017

Municipal Securities Principal Examination

Principal/Supervisory Exam

Series 4

Date: 11/11/2011

Registered Options Principal Examination

Principal/Supervisory Exam

Series 24

Date: 8/6/2010

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

KESTRA ADVISORY SERVICES, LLC

KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC

CRD#: 283330 / SEC#: 801-56126

RIA

Registered Investment Advisory firm - (12/31/1998 Approved)

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Contact information

Main Address

5707 Southwest Parkway Building 2, Suite 400, Austin, TX 78735

Mailing Address

Phone number

(844) 553-7872

Established

Firm type

Fiscal year end

# of Employees

1,299

SEC notice filing (53 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

KESTRA ADVISORY SERVICES, LLC BROCHURE (RETAIL CLIENTS) (10/21/2025)

KESTRA ADVISORY SERVICES, LLC BROCHURE (WRAP FEE PROGRAM) (10/21/2025)

KESTRA ADVISORY SERVICES, LLC BROCHURE (PLAN CLIENTS) (10/21/2025)

Regulatory assets under management

Total Number of Accounts	155,482
AUM (Assets Under Management)	$ 60,174,309,829

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
12/23/2024	Cover Page	Report
10/20/2023	Cover Page	Report
12/21/2022	Cover Page	Report

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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Advisor Monitoring

Firm Stability Insights

Michael J. Klorer

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael James Klorer's CRS (Customer Relationship Summary).

Certified licenses

Experience

KESTRA INVESTMENT SERVICES, LLC

SANCTUARY ADVISORS, LLC

SANCTUARY SECURITIES, INC.

SWBC INVESTMENT COMPANY

SWBC INVESTMENT SERVICES, LLC

TLWM FINANCIAL

LPL FINANCIAL LLC

SCOTTRADE, INC.

USAA FINANCIAL PLANNING SERVICES

USAA FINANCIAL ADVISORS, INC.

UBS FINANCIAL SERVICES INC.

UBS FINANCIAL SERVICES INC.

Primary Firm SEC Registration

KESTRA ADVISORY SERVICES, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 11/6/2016

Series 66

Date: 9/8/2006

Series 52TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 8/25/2006

Series 53

Date: 10/7/2017

Series 4

Date: 11/11/2011

Series 24

Date: 8/6/2010

FINRA

Current Firm

KESTRA ADVISORY SERVICES, LLC

Contact information

SEC notice filing (53 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

KESTRA ADVISORY SERVICES, LLC

TRUST BUT VERIFY

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