Robert W. Baird & Co.
47yrs
Top advisor by experience in Minnetonka
19yrs
Michael Townsend
Full name on record: Michael John Townsend
Financial advisor at Cetera Investment Advisers
Michael Townsend is a fiduciary financial advisor in Minnetonka, Minnesota, with 19 years in the industry. After a year at Questar Asset Management and a year at Wells Fargo Advisors, Michael joined Cetera Investment Advisers in 2023, a firm offering financial planning, investment management, and retirement plan consulting. The firm is paid through a percentage of assets, hourly fees, and flat fees.
One of 461 advisors with offices in Minnetonka, and one of 355 fiduciaries.
At a glance
Experience19 years (since 2008)
How that compares ?More experience than 58% of advisors in Minnetonka
Office110 Cheshire Lane Suite 200, Minnetonka, MN 55305
How the firm is paid ?Percent of assets, Hourly, Flat fee
Typical client at the firm ?$306,089
Advisors at the firm10,452
States licensed ?2 states
Services through Cetera Investment Advisers
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersEducational seminars and workshops
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Series 66Uniform Combined State Law Examination
Career
- Mar 2026 – nowAdvisornet Wealth PartnersCurrent
- 2023 – nowCetera Investment Advisers LLCCurrent firm
- Nov 2016 – Feb 2018Questar Asset Management, Inc.Previously
- Apr 2008 – Jul 2009Wells Fargo Clearing Services, LLCPreviously
Questions to ask Michael
Tailored to Michael’s registration and firm.
- At a firm this size, will I work with you directly or with a service team?
- What does a financial plan with you include, and how often is it updated?
- If you use outside managers, how are they chosen and what do they cost on top of your fee?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
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About Michael
How do I contact Michael?
Call Cetera Investment Advisers at (310) 257-7880 and ask for Michael Townsend. Michael works from the Minnetonka, MN office.
How long has Michael been a financial advisor?
Michael has been in the industry since 2008, about 19 years. More experience than 58% of advisors in Minnetonka.
What licenses does Michael hold?
Series 66. Tap any license on this page to see what it allows.
Is Michael a fiduciary?
Michael is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Michael paid?
Cetera Investment Advisers reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees. Ask Michael for your total yearly cost in dollars.
Official record as of October 3, 2026.
This profile is for information only and is not financial advice or a recommendation.
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