AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why AdvisorCheck

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
MC

Michael C. Chodil

PRINCIPAL SECURITIES
MADISON, WI 53705
Some features on this profile are disabled
CRD#: 5186376
MC
Michael Christopher ChodilPRINCIPAL SECURITIES

Professional summary

Michael Christopher Chodil, who also goes by Michael C Chodil, Mike Christopher Chodil, Michael Chodil, is a registered financial professional currently at PRINCIPAL SECURITIES, INC. located in Madison, Wisconsin.

Michael is registered as a RR (Registered Representative) and started their career in finance in 2011. Michael has worked at 5 firms and has passed the Series 7TO, SIE, Series 7 and Series 27 exams.

Aliases

Michael C Chodil | Mike Christopher Chodil | Michael Chodil

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) - BD

Click below to view Michael Christopher Chodil'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 7, 2026 - Present

PRINCIPAL SECURITIES, INC.

Office #1: 179 W Wilson St Apt 528, Madison, WI 53705
RIA
BD
CRD#: 1137
MADISON, WI
Past

July 1, 2013 - May 26, 2016

VIRTU AMERICAS LLC

BD
CRD#: 149823
CHICAGO, IL
Past

December 22, 2011 - July 1, 2013

GETCO SECURITIES, LLC

BD
CRD#: 151233
CHICAGO, IL
Past

December 22, 2011 - June 11, 2014

OCTEG, LLC

BD
CRD#: 117429
CHICAGO, IL
Past

December 22, 2011 - June 11, 2014

GETCO EXECUTION SERVICES LLC

BD
CRD#: 145021
CHICAGO, IL

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".
PRINCIPAL SECURITIES, INC.
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION

CRD#: 1137 / SEC#: 801-54949, 8-13975

RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)
BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams

General Industry/Product Exam
RR
Series 7TO
Date: 7/7/2026
General Securities Representative Examination
General Industry/Product Exam
RR
SIE
Date: 6/11/2026
Securities Industry Essentials Examination
General Industry/Product Exam
RR
Series 7
Date: 12/21/2011
General Securities Representative Examination
Principal/Supervisory Exam
RR
Series 27
Date: 6/5/2012
Financial and Operations Principal Examination
SRO Registrations
RR
FINRA

Current Firm

PRINCIPAL SECURITIES, INC.
PRINCIPAL SECURITIES, INC.
BLC EQUITY SERVICES CORPORATION | PRINCOR FINANCIAL/ SERVICES CORPORATION | PRINCOR FINANCIAL SERVICES CORPORATION | PRINCIPAL SECURITIES, INC. | PRINCIPAL FINANCIAL SERVICES CORPORATION

CRD#: 1137 / SEC#: 801-54949, 8-13975

RIA
Registered Investment Advisory firm - SEC (10/10/1997 Approved)
BD
Broker-Dealer Firm Regulated by FINRA (Kansas City district office)
Loading...

Contact information

Main Address
711 High Street, Des Moines, IA 50392
Mailing Address
Principal Financial Group 711 High Street, Des Moines, IA 50392-2080
Phone number
(888) 774-6267
Established
Iowa since 05/01/1968
Firm type
Corporation
Fiscal year end
December
Firm Size
Large
# of Employees
1,436

SEC notice filing (51 States and Territories)

FINRA licenses (52 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

PRINCIPAL DIRECT ADVISORY ACCOUNT FIRM BROCHURE (1/2/2026)
RETIREMENT PLAN CONSULTING (1/2/2026)
PRINCIPAL FINANCIAL PLANNING & CONSULTING SERVICES FIRM BROCHURE (1/2/2026)
PRINCIPAL MANAGED ACCOUNT SOLUTIONS WRAP FEE PROGRAM BROCHURE (1/2/2026)

Direct owners and executive officers

NamePositionCRD#
PRINCIPAL FINANCIAL SERVICES, INC.OWNER
AGRAWAL, VIVEKDIRECTOR8050381
CLAIRE, CHAD THOMASCHIEF INFORMATION OFFICER7219218
DROGAN, THOMAS JOHNCHIEF COMPLIANCE OFFICER2760482
FRIEDRICH, AMY CHRISTINEDIRECTOR7097797
LAWLER, CODY ANTHONYHEAD OF SUPERVISION, HEAD OF OPERATIONS5162072
MCCULLUM, KENNETH ALLENDIRECTOR4695257
MURRAY, MICHAEL FRANCISPRESIDENT/CHIEF EXECUTIVE OFFICER/CHAIR2074275
RANTS, DOUGLAS JOHNCHIEF INFORMATION SECURITY OFFICER7148529
ROBERTS, DAWN MARIECHIEF FINANCIAL OFFICER7929617
SCHELHAAS, NATHAN PAULDIRECTOR7275495
SPADAFORA, CRAIG ALANSENIOR VICE PRESIDENT / HEAD OF ADVISORY AND PLATFORM3184320
VANWINKLE, DANIEL SIMONPSI AML OFFICER4715191

Regulatory assets under management

Total Number of Accounts63,730
AUM (Assets Under Management)$ 14,827,718,110

Disclosures

Regulatory Event9
Arbitration3
Bond3

Accountant surprise examination report

Filing DateForm ADV-E CoverForm ADV-E Report
09/26/2025
Cover Page
Report
10/28/2024
Cover Page
Report
11/28/2023
Cover Page
Report
09/22/2023
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.

Company Information

PRINCIPAL SECURITIES, INC.

PRINCIPAL SECURITIES, INC.

CRD#: 1137Madison, WI 53705

TRUST BUT VERIFY

Monitor Michael Chodil

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

Stacy Jo Miller
Stacy MillerAdvisorCheck Check Mark
BAYVIEW FINANCIAL PLANNING
IAR
LUTZ, FL
James Cliffton Moore
James MooreAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
FT WORTH, TX
PM
Pamela MaharAdvisorCheck Check Mark
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
IAR
RR
FORT MYERS, FL
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
Help Center
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.© 2026 AdvisorCheck, an AIMR Analytics company. All rights reserved.