Michael
Elser

Commonwealth Financial Network

CRD#4230284
Investment Advisor
in Middletown, NY

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About this Advisor

Michael Elser is a financial advisor based out of Middletown, New York who has 1 year of industry experience. Elser is an employee of Commonwealth Financial Network. The advisor has gained experience at Northwestern Mutual Investment Services, LLC, Marc Gravatt, Northwestern Mutual Wealth Management Company, Robin Ackerman, Pfs Investments, Sigma Financial Corporation, 1015 Associates, Christopher Marshall, Alan Balayants, Commonwealth Financial Network and Third Eye Associates, LTD. Elser maintains Series 63 and Series 65 licenses, designating them as both a securities agent and an investment advisor representative, and is approved to work in New York. Commonwealth Financial Network is a registered investment business operating out of Waltham, MA. It has offices in 1,759 locations and a total of 4,300 people on staff. It has $146 billion in assets across its 585,629 client accounts, placing it among the biggest financial advisory firms in the United States by assets under management. The firm serves 2,108 charities and foundations. Of its 585,629 client accounts, just 4% are associated with high-net-worth individuals who have greater than $1 million in assets available to invest. Commonwealth Financial Network provides a number of services, including 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 educational seminars. Financial management fee schedules typically depend on the type of financial services. However, fees charged by Commonwealth Financial Network likely are comprised of asset-based, hourly, fixed and commission-based fees.

Certifications and Registrations

Series 63, Series 65

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, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Commissions

Office Location

110 Crystal Run Road
Middletown, NY 10941

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Commonwealth Financial Network Brokerage Details

Total Assets Under Management

$146,387,007,862

NY Average: $16,012,751,954
Total Number of Employees

4,300

NY Average: 118
Total Number of Accounts

585,629

NY Average: 4,567
Average Account Size

$249,965

NY Average: $3,506,186

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
  • Educational seminars/workshops

Michael Elser Work History

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

2022 - Present (2 years)

Commonwealth Financial Network

2021 - 2021 (< 1 year)

Northwestern Mutual Wealth Management Company

2021 - 2022 (1 year)

Commonwealth Financial Network

2021 - 2021 (< 1 year)

Third Eye Associates, LTD

2020 - 2020 (< 1 year)

Christopher Marshall

2020 - 2021 (1 year)

Christopher Marshall

2020 - 2021 (1 year)

Alan Balayants

2020 - 2021 (1 year)

Northwestern Mutual Investment Services, LLC

2020 - 2020 (< 1 year)

Alan Balayants

2019 - 2020 (1 year)

1015 Associates

2015 - 2017 (2 years)

Robin Ackerman

2014 - 2019 (5 years)

Marc Gravatt

2014 - 2019 (5 years)

Northwestern Mutual Wealth Management Company

2013 - 2019 (6 years)

Northwestern Mutual Investment Services, LLC

2013 - 2014 (1 year)

Marc Gravatt

2013 - 2013 (< 1 year)

Pfs Investments

2013 - 2013 (< 1 year)

Sigma Financial Corporation

*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 Elser 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 Commonwealth Financial Network

Fred Scheffner
Salt Lake City, UT
Alex Rusinowitz
Garden City, NY
Samuel Rich
Waltham, MA
Mark Kutzke
Rochester, MN
Peter Leonczyk
Ludlow, MA
Jason Wright
Saint George, UT
Sean Roche
Waltham, MA
Stephanni Sharp
San Diego, CA

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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