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Michael Forbrook

Advisor at RDA Financial network

Updated today

Location

Stockton, IL

Credentials

Series 63, Series 65

Industry experience

50 years

About

Michael Forbrook is a financial advisor with RDA Financial Network, holding Series 63 and Series 65 licenses and bringing 50 years of industry experience. His career includes roles at United Planners Financial Services and Cambridge Investment Research, along with operating his own independent advisory and insurance practices. Outside of advisory work, he is involved in independent insurance sales. RDA Financial Network serves individual and high-net-worth clients with a range of advisory services, including discretionary portfolio management and retirement plan fiduciary services. The firm utilizes both proprietary model strategies and third-party sub-advisors, combining quantitative and fundamental analysis with a primarily long-term investment approach.

Client services

Based on RDA Financial network

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops

Expertise

Based on RDA Financial network

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)

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Fee options

Percentage

Up to 2.05% annually, depending on size and complexity of client account or retirement plan

Commissions

IARs may earn commissions from securities and insurance products sold through United Planners and as independent insurance agents

Project-based

Financial planning billed hourly at $150 - $250 per hour with a minimum of three hours; no flat rate planning fees

Other

Account minimum: $25,000 Minimum fee: Minimum fee for financial planning is $500

Location

Stockton, IL

Most active in

Illinois

Work history

United Planners Financial Services

2016 - 2021 (5 years)

Michael W. Forbrook

2013 - Present (13 years)

RDA Financial Network

2008 - 2018 (10 years)

RDA Financial Network

2008 - Present (18 years)

RDA Financial Network, Inc.

2008 - 2018 (10 years)

Michael W. Forbrook Independent Insurance

2007 - Present (19 years)

Cambridge investment Research, Inc

2007 - 2016 (9 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Alan B

CFA®, Series 63

Elizabeth, IL

McDevitt & Bird Investment Management Co

Alan Bird is a CFA® charterholder with 13 years of industry experience. He co-founded McDevitt & Bird Investment Management Co. in 1996, where he continues to work. Outside of his advisory role, Bird served as a director and officer of Royal Savings Bank, a community bank in Chicago, from 1972 until his planned retirement in 2012. McDevitt & Bird Investment Management Company provides discretionary and non-discretionary portfolio management and investment advice primarily to high-net-worth individuals and a small number of institutional clients. The firm uses a combination of charting, cyclical, fundamental, and technical analysis to recommend individual securities and tailors holding periods to client objectives.

Active portfolio management Wealth management
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Ashley C

Series 63, Series 65

Lena, IL

Cetera

Ashley Chambers is a financial advisor at Cetera with Series 63 and Series 65 credentials and six years of industry experience. She has been with Cetera and Cetera Investment Services LLC since 2016 and also works at Citizens State Bank, where she serves as a retail banking manager and trust assistant. Chambers is a 51% owner of Chambers Services Plus LLC, a land clearing business. Cetera Investment Advisers serves individual, high-net-worth, institutional, and retirement-plan clients through a large network of independent advisors. The firm offers a range of portfolio management, financial planning, and fiduciary services, combining retirement and trust capabilities with a broad advisory platform.

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Alexander Willey is a financial advisor at Edward Jones with the Series 66 designation and one year of industry experience. Prior to joining Edward Jones, he worked at John Deere for 16 years. He serves as director and president of the Galena Boat Club, a 501(c)(7) recreational organization in Galena, IL. Edward Jones is a full-service wealth management firm serving individual and institutional clients with a broad range of advisory programs and affiliated investment options, supported by a nationwide network of over 23,000 financial advisors.

Wealth management Tax-loss harvesting Multi-generational wealth transfer Retired Founder/Business Owner Executive

Ashlie S

CFP®, Series 66

Elizabeth, IL

Edward Jones

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Charitable giving tax strategies Divorce financial planning General estate planning guidance Retirement income strategy Wealth management Retired Founder/Business Owner Executive
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Joseph A

Series 63, Series 65

Elizabeth, IL

Cetera

Joseph Ambrosia is a financial advisor at Cetera with 30 years of industry experience and holds Series 63 and Series 65 licenses. His prior experience includes eight years at Avantax Advisory Services and a long tenure at Avantax Investment Services. Outside of his advisory role, he is involved in community activities in Elizabeth, Illinois, including serving on the economic development committee, participating in the local chamber of commerce, attending church budget meetings, and helping organize the Elizabeth Community Fair. Cetera Investment Advisers serves a diverse client base including individuals, high-net-worth, institutional, and retirement-plan clients through a large network of independent advisors. The firm offers a range of portfolio management, financial planning, and fiduciary services, combining retirement capabilities with institutional and trust solutions.

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Douglas R

Series 63, Series 66

Lena, IL

Cetera

Douglas Riedl is a financial advisor with Cetera, holding Series 63 and Series 66 licenses and bringing 26 years of industry experience. He has been with Cetera and affiliated entities since 2000 and also serves as Assistant Trust Officer at Citizens State Bank. Outside of his advisory role, he is involved with Pheasants Forever as a banquet chairman and participates in lawn maintenance and carriage driving for weddings. Cetera Investment Advisers serves a diverse client base including individual, high-net-worth, institutional, and retirement-plan clients through a large network of independent advisors. The firm offers a range of portfolio management, financial planning, and fiduciary services, combining retirement and institutional capabilities with extensive program options and third-party management solutions.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy Founder/Business Owner Executive Retired HENRY (High Earners, Not Rich Yet) Approaching retirement
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