DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Michael Allen Toy

Cetera Investment Advisers LLCBD affiliatedSan Jose, Cadual registrantIAPD 4013098

Feed of 09/14/2026

Also filed as Michael A Toy

At current firm

1 y

since Sep 5, 2025

In the industry

24 y

since Apr 24, 2002 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S65, S63

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

Cetera Investment Advisers LLC BD affiliated current
since Sep 5, 2025 · San Jose, Ca
Avantax Advisory Services former
Nov 30, 2022 to Sep 5, 2025 · San Jose, Ca
Pfg Advisors independent RIA
Apr 16, 2015 to Nov 30, 2022 · Santa Clara, Ca
LPL Financial LLC BD affiliated
May 1, 2014 to Oct 19, 2017 · Sunnyvale, Ca
Ameriprise Financial Services, LLC national BD
Oct 5, 2009 to May 1, 2014 · Campbell, Ca
Ameriprise Advisor Services, Inc. unclassified
Oct 2, 2007 to Oct 5, 2009 · Cupertino, Ca

Moves

a registration end followed by a registration begin elsewhere

Avantax Advisory Services to Cetera Investment Advisers LLC
left Sep 5, 2025, registered Sep 5, 2025 (0 days) · corporate re-registration, not a move
Pfg Advisors to Avantax Advisory Services
left Nov 30, 2022, registered Nov 30, 2022 (0 days) · RIA to affiliated broker-dealer or bank · moved with a team
LPL Financial LLC to Pfg Advisors
left Oct 19, 2017, registered Apr 16, 2015 (-917 days) · Other · moved with a team
Ameriprise Financial Services, LLC to LPL Financial LLC
left May 1, 2014, registered May 1, 2014 (0 days) · Other
Ameriprise Advisor Services, Inc. to Ameriprise Financial Services, LLC
left Oct 5, 2009, registered Oct 5, 2009 (0 days) · corporate re-registration, not a move

Signals

Michael Allen Toy left Pfg Advisors for Avantax Advisory Services (registered 2022-11-30)
Nov 30, 2022 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Broker-dealer affiliated wealth managerderived
Years in industry: 24derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address