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Michael Ray Broussard

CETERA INVESTMENT ADVISERS
BEAUMONT, TX
·CRD# 7985835·2 years experience

Professional Summary

Michael Ray Broussard, who also goes by Michael R Broussard, Michael Broussard, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Beaumont, Texas and CETERA WEALTH SERVICES, LLC located in Beaumont, Texas. Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2024. Michael has worked at 4 firms and has passed the Series 66, Series 7TO and SIE exams.

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Michael R Broussard, Michael Broussard

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Years of Experience

2 years in the financial services industry

Current & Past Employments

CETERA INVESTMENT ADVISERS LLC·CRD# 105644
RIA
Beaumont, TX
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC·CRD# 13572
BD
3450 Eastex Fwy #1, Beaumont, TX 77703
September 5, 2025 - Present
AVANTAX ADVISORY SERVICES·CRD# 104556
RIA
Beaumont, TX
February 11, 2025 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.·CRD# 13686
BD
Beaumont, TX
November 4, 2024 - September 5, 2025

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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 - SEC (1/13/1984 Approved)

Contact Information

Main Address

1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096

Phone Number

(310) 257-7880

# of Employees

10,251

SEC notice filing (53 States and Territories)

Registered to provide investment advisory services in 53 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Regulatory Assets Under Management

Total Number of Accounts

813,961

AUM (Assets Under Management)

$256,813,748,739

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
09/25/2026Cover PageReport
10/27/2025Cover PageReport
12/13/2024Cover PageReport
09/26/2023Cover PageReport

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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)SPLINTER INVESTING COMPANY LLC POSITION: Manager NATURE: Splinter owns the building in which my accounting practice (Pollans & Cohen, P.C.) resides. Splinter was originally created as a general partner of Michelangelo Investments, Ltd. which held the non-participating owners of Pour Brothers Brewery LLC, however, Pour Brothers permanently closed January 28, 2023. INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 06/25/2018 ADDRESS: 3450 Eastex Fwy #1, Beaumont TX 77703, United States DESCRIPTION: Collect rent, maintain property, hire professionals to perform repairs. 2)POUR BROTHERS BREWERY LLC POSITION: Member NATURE: Previously a beer brewery in Beaumont, TX, however, this entity was closed on January 28, 2023 and there is no longer any activity. INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 09/14/2016 ADDRESS: 3450 Eastex Fwy #1, Beaumont TX 77703, United States DESCRIPTION: No duties as this entity is inactive. POSITION: Shareholder NATURE: CPA firm providing bookkeeping; federal and state tax returns for businesses, individuals, and nonprofits; audits and reviews; payroll reports for federal and state; information reporting Forms 1099, general business consulting INVESTMENT RELATED: No NUMBER OF HOURS: 160 SECURITIES TRADING HOURS: 130 START DATE: 01/02/2003 ADDRESS: 3450 Eastex Fwy #1, Beaumont TX 77703, United States DESCRIPTION: Tax Compliance: preparation of state and federal tax returns Bookkeeping: maintaining books and records for client businesses Information reporting: file required information returns such as 940,941, 1099 series, BOI, Texas Franchise Forecasting and consulting: Assist clients in understanding current and projected financial position and and assisting client in their understanding of the business Oversee staff: Training of staff, review work produced by staff, interview/hire new candidates 3) GUADALUPE PEAK WEALTH MANAGEMENT LLC POSITION: managing member NATURE: This entity has not conducted any activity yet as it was created as the entity we will be using to run our Avantax business under once licensed. INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 05/09/2024 ADDRESS: 3450 Eastex Fwy #1, Beaumont TX 77703, United States DESCRIPTION: Currently inactive until we pass required tests 4)MICHELANGELO INVESTMENTS, LTD. POSITION: Partner NATURE: This partnership was created to hold the ownership of the non-participating owners of Pour Brothers Brewery LLC, however, Pour Brothers Brewery LLC closed in January 2023 and this entity has had no activity. INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 06/26/2018 ADDRESS: 3450 Eastex Fwy #1, Beaumont TX 77703, United States DESCRIPTION: This entity was just holding the ownership of the non-participating owners of Pour Brothers Brewery, however there is no activity and I have no duties with Pour Brothers having closed. 5) "Pollans & Cohen, P.C.; Shareholder; CPA firm providing bookkeeping; federal and state tax returns for businesses, individuals, and nonprofits; audits and reviews; payroll reports for federal and state; information reporting Forms 1099, general business consulting; NIR; 130; 01/02/2003; 3450 Eastex Fwy #1 Beaumont TX 77703; Tax Compliance: preparation of state and federal tax returns Bookkeeping: maintaining books and records for client businesses Information reporting: file required information returns such as 940,941, 1099 series, BOI, Texas Franchise Forecasting and consulting: Assist clients in understanding current and projected financial position and and assisting client in their understanding of the business Oversee staff: Training of staff, review work produced by staff, interview/hire new candidates

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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 - SEC (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 securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Texas
(9/5/2025)
IAR
Texas
(9/5/2025)

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.Note:This rule does not apply to broker-dealer activity.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 66 — Uniform Combined State Law Examination

Passed Feb 2025About the Series 66 exam

Series 7TO — General Securities Representative Examination

Passed Nov 2024About the Series 7TO exam

SIE — Securities Industry Essentials Examination

Passed Sep 2024About the SIE exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view Michael Ray Broussard's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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