How to Apply
To obtain your Investment Advisor license in Michigan, you must first complete the state-mandated pre-licensing education requirements. Michigan requires all applicants to pass the Series 65 or Series 66 Exam before submitting their application to the state licensing board. The application process in MI is straightforward but requires careful attention to detail and documentation.
Requirements
Before applying for a Investment Advisor license in Michigan, ensure you meet all eligibility criteria. MI requires candidates to have completed the necessary educational coursework and accumulated the required training hours. All applicants must pass a comprehensive background check and provide proof of identity. Successfully passing the Series 65 or Series 66 Exam is a non-negotiable requirement in Michigan.
Fees & Costs
Michigan sets the Investment Advisor license application fee at $500. This is a one-time fee for new applicants in MI. Additional costs may include fingerprinting fees, background check fees, and exam registration. The total out-of-pocket cost for new licensees in Michigan typically ranges from $500 to $700.
License Fee Calculator — Investment Advisor in Michigan
Renewal Process
Michigan requires Investment Advisor license holders to renew their credentials every 1 year. The renewal fee is $350 in MI. Continuing education requirements must be met before the renewal application is submitted. Michigan offers both online and mail-in renewal options for licensed professionals.
License Expiry Calculator — Investment Advisor in MI
Enter your license issue date to see when renewal is due. Michigan requires renewal every 1 year.
Additional Information
The demand for licensed Investment Advisor professionals in Michigan continues to grow. MI offers a supportive regulatory environment that balances consumer protection with professional opportunity. The licensing board in Michigan provides online tools and resources to help applicants navigate the process efficiently. Many Investment Advisor professionals in MI report high job satisfaction and competitive compensation.
Document Checklist — Investment Advisor
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Frequently Asked Questions
License Reciprocity: Can I Use My Michigan Investment Advisor License in Other States?
Reciprocity varies by state. Always verify with the destination state's licensing board before practicing.
| Destination State | Reciprocity | Notes |
|---|---|---|
| Alaska (AK) | Partial | AK requires additional exam or paperwork for MI license holders. |
| Alabama (AL) | Partial | AL requires additional exam or paperwork for MI license holders. |
| Arizona (AZ) | Full | AZ accepts MI Investment Advisor license via reciprocity agreement. |
| Arkansas (AR) | None | AR does not recognize MI Investment Advisor license. Full re-application required. |
| Colorado (CO) | None | CO does not recognize MI Investment Advisor license. Full re-application required. |
| Delaware (DE) | None | DE does not recognize MI Investment Advisor license. Full re-application required. |
| California (CA) | Partial | CA requires additional exam or paperwork for MI license holders. |
| Florida (FL) | None | FL does not recognize MI Investment Advisor license. Full re-application required. |
Where to File Locally in Michigan
Visit a licensing department office near you for in-person assistance.
Lansing
611 W Ottawa St, Lansing, MI 48933
(517) 241-0199
Mon-Fri 8:00 AM - 5:00 PM
Detroit
2 Woodward Ave, Detroit, MI 48226
(313) 224-3400
Mon-Fri 8:00 AM - 5:00 PM
Grand Rapids
300 Monroe Ave NW, Grand Rapids, MI 49503
(616) 456-3000
Mon-Fri 8:00 AM - 5:00 PM
Ann Arbor
301 E Huron St, Ann Arbor, MI 48104
(734) 794-6000
Mon-Fri 8:00 AM - 5:00 PM
Flint
1101 S Saginaw St, Flint, MI 48502
(810) 766-7346
Mon-Fri 8:00 AM - 5:00 PM
Official Michigan Resources
Always verify requirements directly with the Michigan state board. Regulations may change.
Michigan Licensing Board
https://www.michigan.gov/lara
Contact Phone
(517) 241-0199
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US License Guide is a private informational resource and is not affiliated with, endorsed by, or connected to any federal, state, or local government agency. The information provided on this website is for general guidance purposes only and should not be considered legal or professional advice. Licensing requirements, fees, and procedures may change without notice. Always verify current requirements directly with your state's official licensing board before making any decisions. Use of this site does not create any professional-client relationship.