Brookstone Capital Management
47yrs
Top advisor by experience in Wheaton
12yrs
Michael Basil
Financial advisor at First Trust Advisors
Michael Basil is a fiduciary financial advisor in Wheaton, Illinois, with 12 years in the industry. Michael joined First Trust Advisors in 2014, a firm offering investment management, private fund management, and selecting outside investment managers. First Trust Advisors reports being paid through a percentage of assets and performance-based fees.
One of 833 advisors with offices in Wheaton, and one of 795 fiduciaries.
At a glance
Experience12 years (since 2014)
How that compares ?More experience than 51% of advisors at First Trust Advisors
Office120 E. Liberty Drive Suite 400, Wheaton, IL 60187
How the firm is paid ?Percent of assets, Performance fee, Other
Typical client at the firm ?$1.41 million
Advisors at the firm607
States licensed ?1 state
Services through First Trust Advisors
Investment management for individuals and small businessesManaging mutual fundsManaging private fundsInvestment management for businesses and institutionsChoosing other investment managersNewsletters and publications
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
- 2014 – nowFirst Trust Advisors LPCurrent firm
Contact Michael
(630) 765-8000First Trust Advisors main office 120 E. Liberty Drive Suite 400Wheaton, IL 60187Office · Get directions
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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?
- Your firm can charge performance-based fees. Would that apply to me?
- 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 First Trust Advisors at (630) 765-8000 and ask for Michael Basil. Michael works from the Wheaton, IL office.
How long has Michael been a financial advisor?
Michael has been in the industry since 2014, about 12 years. More experience than 51% of advisors at First Trust Advisors.
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?
First Trust Advisors reports being paid by a percentage of the assets they manage, a share of investment gains, other 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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