Michael F. Walstrom
KESTRA ADVISORY SERVICES
Boca Raton, FL 33487
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CRD#: 6326370
Professional summary
Michael Frederick Walstrom, CFP®, who also goes by Michael F Walstrom, is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Boca Raton, Florida and KESTRA INVESTMENT SERVICES, LLC located in Boca Raton, Florida.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2014. 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
Michael F Walstrom
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.
Business Name: Kestra Advisory Services, LLC Investment Related: Yes Address: 5707 Southwest Parkway, Building 2, Suite 400 Austin TX 78735 Nature of Business: Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: iar Start Date: 7/1/2020 Hours per month: 100%+ (More than 160 hours) Hours per month during trading hours: Up to 100% (0 to 160 hours) Duties: Manage my clients as a fiduciary in accordance with all applicable regulations and laws. Business Name: Rotary Club of Boca Raton Downtown Investment Related: No Address: P.O. Box 880087 Boca Raton FL 33488 Nature of Business: Board Position (Board of Directors, Board of Trustees, etc.) Position, Title or Relationship: I am a club member and board member. Start Date: 11/7/2014 Hours per month: 0% - 10% (0 - 16 hours) Hours per month during trading hours: 0% - 10% (0 - 14 hours) Duties: We meet every Friday for Lunch, then the second Tuesday evening each month for board meetings. We also do periodic service projects. Business Name: Michael F. Walstrom, Aequus Partners LLC Investment Related: Yes Address: 980 N Federal Hwy, Suite 110 Boca Raton FL 33432 Nature of Business: Registered Rep Activities through Kestra Investment Services, LLC using a DBA name; Insurance Position, Title or Relationship: Financial Planner Start Date: 9/21/2020 Hours per month: 0% - 10% (0 - 16 hours) Hours per month during trading hours: 0% - 10% (0 - 14 hours) Duties: Financial Planning Business Name: ROTARY DISTRICT 6930 CHARITABLE FOUNDATION, INC. Investment Related: No Address: 11015 VIA LUCCA Boynton Beach FL 33437 Nature of Business: Board Position (Board of Directors, Board of Trustees, etc.) Position, Title or Relationship: As District Governor (July 2021 - June 2022) I become a director by default. Start Date: 5/21/2021 Hours per month: 0% - 10% (0 - 16 hours) Hours per month during trading hours: 0% - 10% (0 - 14 hours) Duties: With the other directors, I oversee the Fund receiving and distributing funds for our projects. My primary role is to act as the district cheerleader for our projects, making sure the clubs know about them and get excited about participating. Business Name: ROTARY ZONE 34 ARPIC POSITION: Zone 34 Assistant Public Image Coordinator NATURE: Charitable Work INVESTMENT RELATED: No NUMBER OF HOURS: 8 SECURITIES TRADING HOURS: 2 START DATE: 07/04/2022 ADDRESS: 1560 Sherman Ave, Evanston IL 60201 DESCRIPTION: My job is to work with the Rotary leaders in Southeast Florida, helping them improve their public image efforts on behalf of their clubs and service projects. Business Name: MYM DEVELOPMENT, LLC POSITION: Co-Owner NATURE: Real Estate INVESTMENT RELATED: Yes NUMBER OF HOURS: 16 SECURITIES TRADING HOURS: 0 START DATE: 03/25/2024 ADDRESS: 7395 Avenida Del Mar, 1213, Boca Raton FL 33433, United States DESCRIPTION: Offer high-level planning and guidance and design guidance for the model homes.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Frederick Walstrom'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: 2019
Experience
Current
July 9, 2020 - Present
KESTRA ADVISORY SERVICES, LLC
Office #1: 6601 Park Of Commerce Blvd Suite 12-082, Boca Raton, FL 33487RIA
CRD#: 283330
Boca Raton, FL
Current
July 1, 2020 - Present
KESTRA INVESTMENT SERVICES, LLC
Office #1: 6601 Park Of Commerce Blvd Suite 12-082, Boca Raton, FL 33487BD
CRD#: 42046
Boca Raton, FL
Past
September 8, 2016 - July 2, 2020
MORGAN STANLEY
RIA
CRD#: 149777
BOCA RATON, FL
Past
September 7, 2016 - July 2, 2020
MORGAN STANLEY
BD
CRD#: 149777
BOCA RATON, FL
Past
August 19, 2014 - September 8, 2016
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
RIA
CRD#: 7691
BOCA RATON, FL
Past
July 18, 2014 - September 8, 2016
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BD
CRD#: 7691
BOCA RATON, FL
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".
KA
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.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
California(7/1/2020)
RR
Florida(7/1/2020)
IAR
Florida(7/9/2020)
RR
Illinois(7/1/2020)
RR
Maryland(7/1/2020)
RR
Massachusetts(12/22/2022)
RR
Michigan(7/1/2020)
RR
New York(7/1/2020)
RR
Ohio(12/23/2020)
RR
Pennsylvania(7/1/2020)
RR
South Carolina(3/18/2021)
RR
Texas(7/1/2020)
IAR
Texas(10/20/2023)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
KA
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)Upgrade to AdvisorCheck Premium
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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)
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 | ||
| 10/20/2023 | ||
| 12/21/2022 |
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.
