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Michael Chambers

42 Years of Experience
Nichols, NY
1 DisclosureBroker

Michael Chambers is a registered investment advisor at LPL Financial LLC, based in Nichols, NY, with 42 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

Nichols, NY

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2000
Closed-No Action
Other Business Activities

Michael operates under the DBA North Branch Financial Services since 2007.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 4 yrs 9 mos
LPL Financial LLCBroker
September 2004 - Present · 21 yrs 8 mos
Previous Registrations
Invest Financial CorporationBroker
January 1998 - September 2004 · 6 yrs 8 mos
Pruco Securities CorporationBroker
April 1983 - January 1998 · 14 yrs 9 mos
State Registrations8 states
AZCTFLMDNCNYPAVA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.