Michael Ausherman has been Managing Partner & Chief Compliance Officer of Milestone Asset Management since July 2020, is a control person of the firm and directly owns under 5% of it. Michael Ausherman holds a Degree in Economics from the University of Maryland.
Milestone Asset Management, LLC is a Pittsburgh, PA firm with $691M under management, 1,359 clients and 13 advisers across 6 offices, as of its February 2026 filing.
Michael D. Ausherman Jr. is Co-Founder and Wealth Manager of Legacy Capital Planners, a dba of Milestone Asset Management, LLC. He has over 25 years of experience advising individuals and families on wealth, retirement and income planning. He is also a Principal and Chief Compliance Officer of Milestone Asset Management, and Treasurer and an instructor for The Prepare Institute.
Michael Ausherman’s longest registration is the current one, 18 years at Brookstone Capital Management LLC since 2008. Before joining Milestone Asset Management in 2021, Michael Ausherman was registered through Alphastar Capital Management, LLC.
- – present · 5 yearsGermantown, MD · Adviser representative · Firm CRD 310441
- Alphastar Capital Management, LLC– · under a yearGermantown, MD · Adviser representative · Firm CRD 157423
- – · under a yearGermantown, MD · Adviser representative · Firm CRD 310441
- Alphastar Capital Management, LLC– · under a yearRockville, MD · Adviser representative · Firm CRD 157423
- Brookstone Capital Management LLCAlso current– present · 18 yearsGermantown, MD · Adviser representative · Firm CRD 141413
Professional designations
Listed by Milestone Asset Management
- Chartered Financial Consultant (ChFC®)
- Chartered Life Underwriter (CLU®)
Investment adviser representative registrations
Michael Ausherman is registered as an investment adviser representative in 3 states. The first approvals date from March 2008; the most recent is Texas, in September 2025.
- MarylandSince 14 March 2008
- PennsylvaniaSince 14 April 2021
- TexasSince 15 September 2025
Examinations
| Exam | Name | Passed |
|---|---|---|
| Series 65 | Uniform Investment Adviser Law Examination | 3 March 2008 |
| Series 63 | Uniform Securities Agent State Law Examination | 28 January 2004 |
| Series 6 | Investment Company Products/Variable Contracts Representative Examination | 5 February 2001 |
- Name
- Uniform Investment Adviser Law Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- Investment Company Products/Variable Contracts Representative Examination
- Full name
- Michael David Ausherman
- CRD
- 4324390
- Firm
- Milestone Asset Management · CRD 310441
- Role
- Managing Partner & Chief Compliance Officer
- Office
- 20251 CENTURY BLVD., Suite 425, Germantown, MD 20874
- Registration
- Investment adviser registration
- In the industry since
- March 2008
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- legacycapitalplanners.com
Where does Michael Ausherman work?
Michael Ausherman has been Managing Partner & Chief Compliance Officer of Milestone Asset Management, LLC since July 2020, and is a control person of the firm.
Is Michael Ausherman a financial advisor?
Yes. Michael Ausherman has a current investment-adviser registration in Maryland, Pennsylvania and Texas, through Milestone Asset Management since April 2021.
How many years of experience does Michael Ausherman have?
Michael Ausherman has 18 years in the financial industry, since March 2008, across 3 adviser firms.
What exams has Michael Ausherman passed?
Michael Ausherman has passed 3 licensing exams: the Series 6, Series 63 and Series 65. The earliest, the Series 6, was passed in February 2001.
Where did Michael Ausherman work before Milestone Asset Management?
Before Milestone Asset Management, Michael Ausherman was registered through Alphastar Capital Management, LLC, March 2021 to April 2021; Alphastar Capital Management, LLC, March 2012 to January 2013.
Where is Michael Ausherman based?
Michael Ausherman’s registered office is in Germantown, MD.
Is Michael Ausherman registered with FINRA?
No. Michael Ausherman has no current broker registration.
How can I verify Michael Ausherman’s record?
Search CRD 4324390 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Michael Ausherman’s full registration record.
