Michael Botwinick
Michael Botwinick is a CFP-designated registered investment advisor at LPL Financial LLC, based in Woodcliff Lake, NJ, 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
300 Tice Blvd, Suite 117, Woodcliff Lake, NJ, 07677
Get directionsHistory
Regulatory History (2)
Customer Dispute
May 2018Criminal
January 1976Other Business ActivitiesSells Insurance
Michael sells non-variable and fixed whole life insurance since 2002, and group health insurance since 2008, dedicating minimal time to these activities. He also co-owns Black Sheep Aviation, LLC for tax/investment purposes and is involved with Botwinick Capital Advisors, LLC for accounting purposes, spending about 10-20% of his time on the latter.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
American Express Service CorporationBroker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
Ids Financial Services INC.Broker
State Registrations17 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.