Michael R. Ludwig
CETERA INVESTMENT ADVISERS LLC
LOMBARD, IL 60148
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CRD#: 5859759
Professional summary
Michael R Ludwig, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Lombard, Illinois and CETERA FINANCIAL SPECIALISTS LLC located in Lombard, Illinois.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2011. Michael has worked at 4 firms and has passed the Series 66, 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.
1) LUDWIG & ASSOCIATES, LTD; NON-INVESTMENT RELATED; ACCOUNTING AND TAX PREPARATON: 2) LUDWIG WEALTH MANAGEMENT, INVEST RELATED, SAME AS REGISTERED LOCATION, FINANCIAL SERVICES, START 12/02/2013, 40HR/WK DURING TRADING HRS., FINANCIAL ADVISOR. 3) SUCCESSOR TRUSTEE FOR PARENTS' TRUST; SAME AS REGISTERED ADDRESS; START 5/2015; SUCCESSOR TRUSTEE OF FAMILY TRUST 4) NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: FIXED INSURANCE START DATE: 02/2020 ; APX NUMBER OF HOURS PER WEEK: 2 ; APX NUMBER OF HOURS DURING TRADING HOURS: 2 ; POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT ; BRIEF DESCRIPTION OF DUTIES: SELLS HEALTH INSURANCE ; 5)NAME OF OTHER BUSINESS: MML REAL ESTATE HOLDINGS LLC; INVESTMENT RELATED: NO; ADDRESS: 629 S. MAIN ST, LOMBARD, IL 60148; NATURE OF BUSINESS: REAL ESTATE; START DATE: 4/2024; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: 1; BRIEF DESCRIPTION OF DUTIES: HOLDING LLC FOR RENTAL BUILDING;
CRS (Client Relationship Summary) - RIA
Click below to view Michael R Ludwig'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: 2011
Experience
Current
November 4, 2013 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 629 S Main St, Lombard, IL 60148RIA
CRD#: 105644
LOMBARD, IL
Current
November 8, 2013 - Present
CETERA FINANCIAL SPECIALISTS LLC
Office #1: 629 S Main St, Lombard, IL 60148BD
CRD#: 10358
LOMBARD, IL
Past
August 31, 2011 - December 22, 2011
FRANK ADVISORY SERVICES, INC.
RIA
CRD#: 123594
ST. CHARLES, IL
Past
March 22, 2011 - November 21, 2011
LPL FINANCIAL LLC
RIA
CRD#: 6413
ST. CHARLES, IL
Past
February 5, 2011 - November 21, 2011
LPL FINANCIAL LLC
BD
CRD#: 6413
ST. CHARLES, 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".
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(7/26/2024)
IAR
Illinois(11/4/2013)
RR
Illinois(11/8/2013)
RR
Nevada(3/3/2020)
RR
Tennessee(8/13/2025)
Exams
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
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Check for any disclosures as part of your thorough research when choosing an advisor.
