Michael Zembala
Michael Zembala is a registered investment advisor at LPL Financial LLC, based in Beachwood, OH, with 43 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
3750 Park East Dr Suite 200, Beachwood, OH, 44122
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2016Other Business ActivitiesSells Insurance
Michael uses Stratos Wealth Partners, Ltd and Wealth Advocate Group, LLC as DBAs for his LPL business. He is also a licensed insurance agent, spending about 30% of his time selling and servicing fixed insurance products, including annuities, life, long-term care, disability, health, and dental insurance.
Employment History
Current Registrations
LPL Financial LLC
Stratos Wealth Partners, LTD
LPL Financial LLCBroker
Previous Registrations
LPL Financial Corporation
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
Cigna Financial Advisors,inc.Broker
State Registrations13 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.