Michael R. Mortenson
KEYSTONE PRIVATE WEALTH
Palm Desert, CA 92260
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CRD#: 6064013
Professional summary
Michael Reed Mortenson, CFP® is a registered financial advisor currently at KEYSTONE PRIVATE WEALTH located in Palm Desert, California.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2012. Michael has worked at 5 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) 1. Keystone Wealth Services DBA Keystone Private Wealth 2. Investment Related 3. 73575 El Paseo, STE 2300, Palm Desert, CA 92260 4. Financial Advisory 5. Executive VP & Sr Financial Advisor 6. 9/2021 7. 160 hrs/mo 8. 140 hrs/mo during trading hrs 9. Financial Advisor, Help clients achieve their goals. 2) 1. Core Income 2. Investment Related 3. 5940 Golden Hills Dr, Minneapolis, MN 55416 4. Insurance 5. Insurance Partner 6. 09/2021 7. 2 hrs/mo 8. 2 hrs/mo during trading hrs 9. Core Income helps shop the insurance market for clients. They provide solutions to simple and complex insurance needs for our clients. 3) 1. Caress Insurance Agency Inc 2. Not Investment Related 3. 79461 Bermuda Dunes Dr, Bermuda Dunes, CA 92203 4. Medicare Insurance Supplemental Plans 5. Independent insurance Professional 6. 09/2021 7. 2 hrs/mo 8. 0 hrs/mo during trading hrs 9. Provide options for supplemental medicare insurance coverage. 4) HOA Invest; Investment Related; 73575 El Paseo, Ste 2300, Palm Desert CA 92260; HOA Software; Advisor; 10/2023; 10 hrs/mo; 10 hrs during trading; California laws AB2912 and 1100 recently enacted for all HOAs in the state. HOA Invest provides a software solution for signed recommendations from treasurer/board members regarding the purchase of Tbills and CDs.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Reed Mortenson'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: 2016
Experience
Current
September 2, 2021 - Present
KEYSTONE PRIVATE WEALTH
Office #1: 73575 El Paseo Suite 2300, Palm Desert, CA 92260RIA
CRD#: 301924
Palm Desert, CA
Past
September 23, 2021 - October 2, 2025
PURSHE KAPLAN STERLING INVESTMENTS
BD
CRD#: 35747
Palm Desert, CA
Past
March 25, 2021 - September 7, 2021
M. S. HOWELLS & CO.
BD
CRD#: 104100
PALM DESERT, CA
Past
May 3, 2018 - September 2, 2021
CYPRESS WEALTH SERVICES, LLC
RIA
CRD#: 288992
Palm Desert, CA
Past
May 1, 2018 - March 1, 2021
PURSHE KAPLAN STERLING INVESTMENTS
BD
CRD#: 35747
PALM DESERT, CA
Past
September 28, 2012 - May 15, 2018
WORLD EQUITY GROUP, INC.
RIA
CRD#: 29087
PALM DESERT, CA
Past
July 5, 2012 - May 15, 2018
WORLD EQUITY GROUP, INC.
BD
CRD#: 29087
PALM DESERT, CA
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".
KP
KEYSTONE PRIVATE WEALTH
CYPRESS PRIVATE WEALTH | KEYSTONE WEALTH SERVICES, LLC | KEYSTONE PRIVATE WEALTH
CRD#: 301924 / SEC#: 801-121495
RIA
Registered Investment Advisory firm - (6/22/2021 Approved)California
Registered Investment Advisory firm - (7/25/2021 Terminated)Texas
Registered Investment Advisory firm - (6/25/2021 Terminated)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.Highlighted states indicate IAR registrations
IAR
California(9/2/2021)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
KP
KEYSTONE PRIVATE WEALTH
CYPRESS PRIVATE WEALTH | KEYSTONE WEALTH SERVICES, LLC | KEYSTONE PRIVATE WEALTH
CRD#: 301924 / SEC#: 801-121495
RIA
Registered Investment Advisory firm - (6/22/2021 Approved)California
Registered Investment Advisory firm - (7/25/2021 Terminated)Texas
Registered Investment Advisory firm - (6/25/2021 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
73575 El Paseo Suite 2300, Palm Desert, CA 92260
Mailing Address
Phone number
(760) 818-7020
Established
Firm type
Fiscal year end
# of Employees
11
SEC notice filing (15 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 1,308 |
| AUM (Assets Under Management) | $ 692,123,348 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
