Michael Jay Shapiro

Employer firm

Raymond James & Associates, Inc. CRD 705

$501B regulatory AUM 2,231 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers
• Educational seminars

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 06/2009 → 07/2020
  Morgan Stanley
  Boca Raton, FL
• 01/2015 → 07/2020
  Morgan Stanley Private Bank, National Association
  New York, NY
• 07/2020 → Present
  Raymond James And Associates, Inc
  Boca Raton, FL
• 01/2020 → 07/2020
  Morgan Stanley Private Bank, N.A
  New York, NY

Previous Registrations

• 2009-06-01 → 2020-08-28
  Morgan Stanley
  Boca Raton, FL
• 1997-05-06 → 2009-06-01
  Citigroup Global Markets Inc.
  Boca Raton, FL
  Boca Raton, FL

Other Businesses

(1)Name of Business: Address: Activity Type: Loans - Personal to and from individuals Position/Title: Lender Investment Related: No Start Date: 11/29/2021 Hours per month devoted to this business: Hours per month devoted to this business during trading hours: Description of duties: I lent my son-in-law and business partner, Erik Modansky (Financial Advisor at Raymond James) and his wife, Jenna Shapiro (my daughter) $100,000 to support their purchase of a home in November 2021. The terms of this loan are laid out in a written agreement (a copy of which is attached). It should be noted that the applicable interest on this 30-year loan was done at the AFR rate (the lowest possible rate which may be used for tax purposes without the loan being considered a gift) (2)Name of Business: Address: Activity Type: Loans - Personal to and from individuals Position/Title: Lender Investment Related: No Start Date: 02/26/2026 Hours per month devoted to this business: Hours per month devoted to this business during trading hours: Description of duties: Lead advisor of a 7 member team. Looking to assist my daughter & son-in-law in connection with the purchase of a home. My son-in-law also happens to be a partner in the 7 member team. Orig loan amt was $1.8M. $1M was immediately paid back upon closing of RJ mortgage, leaving a balance of $800,000, which was further reduced upon the sale of their previously owned residence. Further, as a family loan, the interest on the outstanding loan is being charged at AFR (the lowest permissible rate by IRS)

Exams

• S65 Uniform Investment Adviser Law Examination
  1997-05-19
• S63 Uniform Securities Agent State Law Examination
  1997-05-08

Other Names

• Mike Shapiro