Melissa Rae Machlitt

Employer firm

Osaic Wealth, Inc. CRD 23131

$235B regulatory AUM 56,660 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

• 05/1995 → 12/2016
  Jra Financial Advisors
  Maple Grove, MN
• 01/2013 → 05/2021
  Cetera Advisor Networks
  El Segundo, CA
• 01/2017 → 05/2021
  Advisornet Wealth Management
  Maple Grove, MN
• 01/2017 → 03/2020
  Advisornet Financial Inc. Dba Jra Financial
  Maple Grove, MN
• 04/2019 → 05/2021
  Advisornet Financial Inc. Dba Advisornet Financial Partners
  Maple Grove, MN
• 04/2021 → Present
  Osaic Wealth, Inc.
  Maple Grove, MN

Previous Registrations

• 2014-01-13 → 2021-05-14
  Cetera Wealth Services, Llc
  Maple Grove , MN
  Minnetonka, MN
• 2017-04-18 → 2021-05-14
  Advisornet Wealth Partners
  Maple Grove, MN
  Minnetonka, MN
  Minnetonka, MN
• 2014-01-13 → 2017-02-15
  Jra Financial Advisors, Inc.
  Maple Grove, MN

Other Businesses

1) MACHLITT FINANCIAL, LLC (SUBLET TO TNT)) POSITION: Owner NATURE: LLC INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 11/01/2022 ADDRESS: 4425 Highway 169 N, Suite 100, Plymouth MN 55442, United States DESCRIPTION: Sublet one office to Michelle Wayman - owner of TruNorth Tax, LLC. 2) MACHLITT FINANCIAL (DBA ENCORE FINANCIAL) POSITION: Financial Advisor NATURE: I am licensed to sell fixed insurance products INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 11/01/2022 ADDRESS: 4425 Highway 169 N, Suite 100, Plymouth MN 55442, United States DESCRIPTION: I am licensed to sell fixed insurance products. 3) MACHLITT FINANCIAL, LLC POSITION: Lesee NATURE: I sublet office space to other Royal Alliance advisors. INVESTMENT RELATED: Yes NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 0 START DATE: 10/01/2022 ADDRESS: 4425 Highway 169 N, Suite 100, Plymouth MN 55442, United States DESCRIPTION: I sublet office space to other OSAIC advisors. 4) JMAE, LLC POSITION: Member NATURE: LLC INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 12/01/2022 ADDRESS: 4425 Highway 169 N, Plymouth MN 55442, United States DESCRIPTION: Providing managed services to other businesses including rental space and other common office space items.

Exams

• S66 Uniform Combined State Law Examination
  2023-11-01
• S63 Uniform Securities Agent State Law Examination
  1996-05-15

Other Names

• Melissa Rae Danko