Michael
Black

Arete Wealth Advisors, LLC

CRD#1318058
Investment Advisor
in Melville, NY

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About this Advisor

Michael Black is a financial advisor operating out of Melville, New York with 1 year of relevant experience. Black works at Arete Wealth Advisors, LLC. Throughout their career, they have worked at Wells Fargo Advisors LLC, National Securities Corp, Arete Wealth Management, LLC and Arete Wealth Advisors, LLC. Black holds a Series 63 license, which qualifies them as a securities representative, and is approved to work in New York and Texas. Arete Wealth Advisors, LLC is a firm that has its headquarters in Chicago, IL. The firm has offices in 26 locations and a total of 151 people on staff. It controls $2 billion in assets among its 5,102 client accounts, placing it among the largest financial advisory firms in the country by assets under management. Of its 5,102 client accounts, 72% are held by high-net-worth individuals who have greater than $1 million in assets. Arete Wealth Advisors, LLC provides a broad range of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters and other services. Fees for financial management largely vary depending on which services the firm provides the client. However, fee types charged by Arete Wealth Advisors, LLC most likely include asset-based, hourly, fixed, performance-based and other fees.

Certifications and Registrations

Series 63

Years Registered*

1 year

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Pension consulting services, Selection of other advisers, Publication of periodicals or newsletters, Other

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Performance-based Fees, Others

Office Location

425 Broadhollow Rd. Suite 325
Melville, NY 11747

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Arete Wealth Advisors, LLC Brokerage Details

Total Assets Under Management

$2,116,498,344

NY Average: $6,674,516,078
Total Number of Employees

151

NY Average: 44
Total Number of Accounts

5,102

NY Average: 2,564
Average Account Size

$414,837

NY Average: $2,603,165

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Pension consulting services
  • Selection of other advisers
  • Publication of periodicals or newsletters
  • Other

Michael Black Work History

Michael has been registered as a financial advisor for 1 years.*

2022 - Present (2 years)

Arete Wealth Management, LLC

2022 - Present (2 years)

Arete Wealth Advisors, LLC

2016 - 2022 (6 years)

National Securities Corp

2009 - 2016 (7 years)

Wells Fargo Advisors LLC

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Michael Black to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Arete Wealth Advisors, LLC

Billy Aycock
Nashville, TN
Robert Geller
Park Ridge, IL
Alec Mckenna
New York, NY
Candy Drahos
New York, NY
Chad Minick
Chicago, IL
Ivan Lau
New York, NY
Logan Cox
Colleyville, TX
Matthew Mason
New York, NY

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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