Michael Laine
Michael Laine is a registered investment advisor at LPL Financial LLC, based in El Segundo, CA, with 41 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
126 Lomita St, El Segundo, CA, 90245-4113
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Regulatory History (1)
Customer Dispute
September 2025Other Business Activities
Michael operates under the DBA Laine Wealth Management, LLC since 2010. He also owns Living Well Enterprises LLC, dedicating about 10-20% of his time, and is involved in real estate rental through Lomita Street Enterprise's, requiring minimal time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Associated Securities CORP.
National Planning CorporationBroker
Associated Planners Investment Advisory INC
Associated Securities CORP.Broker
State Registrations23 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.