Michael Reed
Michael Reed is a ChFC-designated registered investment advisor at LPL Financial LLC, based in S Portland, ME, 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
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
707 Sable Oaks Dr Ste 390, S Portland, ME, 04106-6953
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael sells long-term care, disability, and fixed life insurance, as well as fixed annuities, through TRSS Wealth Management since 2003. He also owns SpruceKPT, LLC, a real estate rental business, dedicating about 10-20% of his time to it.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Trss Wealth Management LLC
American Express Financial Advisors, INC.
American Express Financial Advisors INC.Broker
Ids Financial Services INC.Broker
State Registrations19 states
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