Michael Lee Karels

Current Employers

Employment History

• 02/2009 → 06/2026
  Rbc Capital Markets, Llc
  Minneapolis, MN
• 10/2016 → 12/2023
  City National Bank
  Minneapolis, MN
• 06/2026 → Present
  Robert W. Baird & Co. Incorporated
  Edina, MN

Previous Registrations

• 2009-02-11 → 2026-06-24
  Rbc Capital Markets, Llc
  Minneapolis, MN
  Edina, MN
• 2007-02-12 → 2009-03-03
  Ubs Financial Services Inc.
  Minneapolis, MN

Other Businesses

(1) Name of Entity - Duplex purchase for rental Address - 11421/11425 Osage St NW, Coon Rapids, MN Business Description - Duplex purchase for rental Business is not investment related Projected Start Date: 08/22/2019 Capacity: Owner - Active, Owner - Passive Duties Performed: Will initially be the landlord but will look to outsource this to a Renter's Warehouse or something similar fairly quickly. Hours Devoted to this OBA per Month: 1 to 2 Hours Hours Devoted to this OBA during business hours: 1 (2) NAME OF ENTITY: MKSN Partnership; ADDRESS: Personal Residence; NOT INVESTMENT RELATED; BUSINESS DESCRIPTION: Partnership - intended for real estate flips; CAPACITY: Owner-Passive; START DATE: 12/2019; DUTIES: Decisions in regards to purchase or properties and sell offers, paying bills on the properties (taxes, insurance, utilities, improvements on the properties), keeping the books on the properties and filing the taxes; HOURS DEVOTED PER MONTH: Less than 1 hr, may be up to 2 or 3 hrs during short periods if needed; HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0; 3) NAME OF ENTITY: Northern Clay Center ADDRESS: 2424 E Franklin Ave, Minneapolis, Minnesota, 55406 INVESTMENT/NOT INVESTMENT RELATED: No BUSINESS DESCRIPTION: Foundation/Charitable Institution START DATE:23/09/2024 CAPACITY: Treasurer, Board of Directors DUTIES: Board member: duties collectively for the board (3 year terms), Setting general policy and direction for the overall management of the org as well as general fiscal mgmt, Hiring and evaluating the director. Treasurer: requested to start April 15th 2025: Overseeing the organization's financial administration, including managing everyday financial activities, reviewing and enforcing financial policies and procedures, generating financial reports, creating a budget, advising the board on financial strategy and fundraising, Reviewing plans and budgets from the director, Evaluating over-all organizational effectiveness, Bringing human and financial resources to the aid of the organization, Participating in public program activities including attending exhibition openings and special events, Being an advocate to the public for NCC, Being a positive working member of the board HOURS DEVOTED PER MONTH: 0 - 4 Hours HOURS DEVOTED DURING SECURITIES HOURS PER MONTH: 0 - 4 Hours

Exams

• S66 Uniform Combined State Law Examination
  2003-11-03
• S63 Uniform Securities Agent State Law Examination
  1999-08-30

Designations

Other Names

• Michael Karels