Michael W. Shone

OPEROSE ADVISORS LLC

Milwaukee, WI 53202

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CRD#: 732323

Professional summary

Michael William Shone is a registered financial advisor currently at OPEROSE ADVISORS LLC located in Milwaukee, Wisconsin.

Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1981. Michael has worked at 8 firms and has passed the Series 63, Series 7, Series 22, Series 6 and Series 24 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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael William Shone'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

June 5, 2025 - Present

OPEROSE ADVISORS LLC

Office #1: 731 North Water Street Suite 790, Milwaukee, WI 53202

RIA

CRD#: 287465

Milwaukee, WI

Past

January 6, 2022 - June 30, 2023

CLARITI WEALTH ADVISORS

RIA

CRD#: 104804

WILMINGTON, DE

Past

July 13, 2007 - December 31, 2013

THE INVESTMENT CENTER, INC.

CRD#: 17839

WEST CHESTER, PA

Past

January 3, 2005 - July 16, 2007

WHARTON EQUITY CORPORATION

RIA

CRD#: 10170

WEST CHESTER, PA

Past

January 3, 2005 - July 16, 2007

WHARTON EQUITY CORPORATION

CRD#: 10170

WEST CHESTER, PA

Past

February 7, 2002 - February 9, 2022

MARQUETTE ASSOCIATES, INC.

RIA

CRD#: 118655

WEST CHESTER, PA

Past

December 5, 1988 - December 31, 2004

SHONE ASSOCIATES, LTD.

CRD#: 22939

WEST CHESTER, PA

Past

September 8, 1986 - December 12, 1988

CAREY JAMISON & COMPANY

CRD#: 14129

Past

June 22, 1981 - September 16, 1986

JOHN HANCOCK DISTRIBUTORS LLC

CRD#: 5249

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".

OPEROSE ADVISORS LLC

OPEROSE ADVISORS LLC | OPEROSE PARTNERS LLC

CRD#: 287465 / SEC#: 801-118313

RIA

Registered Investment Advisory firm - (3/30/2020 Approved)

Texas

Registered Investment Advisory firm - (3/31/2020 Terminated)

Wisconsin

Registered Investment Advisory firm - (3/31/2020 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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

Wisconsin
(6/5/2025)

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.

Exams

State Security Law Exam

Series 63

Date: 12/6/1983

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 2/20/1988

General Securities Representative Examination

General Industry/Product Exam

Series 22

Date: 11/9/1981

Direct Participation Programs Representative Examination

General Industry/Product Exam

Series 6

Date: 6/19/1981

Investment Company Products/Variable Contracts Representative Examination

Principal/Supervisory Exam

Series 24

Date: 8/15/1988

General Securities Principal Examination

Current Firm

OPEROSE ADVISORS LLC

OPEROSE ADVISORS LLC | OPEROSE PARTNERS LLC

CRD#: 287465 / SEC#: 801-118313

RIA

Registered Investment Advisory firm - (3/30/2020 Approved)

Texas

Registered Investment Advisory firm - (3/31/2020 Terminated)

Wisconsin

Registered Investment Advisory firm - (3/31/2020 Terminated)

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Contact information

Main Address

731 North Water Street Suite 790, Milwaukee, WI 53202

Mailing Address

Phone number

(414) 209-3280

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (5 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

OPEROSE ADVISORS FORM ADV PART 2A 2023-06-23 (3/20/2025)

Regulatory assets under management

Total Number of Accounts	1,418
AUM (Assets Under Management)	$ 1,929,495,968

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
09/25/2024	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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Michael W. Shone

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michael William Shone's CRS (Customer Relationship Summary).

Certified licenses

Experience

CLARITI WEALTH ADVISORS

THE INVESTMENT CENTER, INC.

WHARTON EQUITY CORPORATION

WHARTON EQUITY CORPORATION

MARQUETTE ASSOCIATES, INC.

SHONE ASSOCIATES, LTD.

CAREY JAMISON & COMPANY

JOHN HANCOCK DISTRIBUTORS LLC

Primary Firm SEC Registration

OPEROSE ADVISORS LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 12/6/1983

Series 7

Date: 2/20/1988

Series 22

Date: 11/9/1981

Series 6

Date: 6/19/1981

Series 24

Date: 8/15/1988

Current Firm

OPEROSE ADVISORS LLC

Contact information

SEC notice filing (5 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

OPEROSE ADVISORS LLC

TRUST BUT VERIFY

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