MD
MD

Michael Devincentis

40 Years of Experience
Timonium, MD
2 DisclosuresBroker

Michael Devincentis is a registered investment advisor at LPL Financial LLC, based in Timonium, MD, with 40 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

201 W Padonia Rd. Ste 202, Timonium, MD, 21093

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History

Regulatory History (2)
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.
Financial
March 2017
Final
Customer Dispute
February 2003
Denied
Other Business Activities

Michael operates Lighthouse Investment Advisory LLC as a DBA for his LPL business. He dedicates all of his time to this investment-related activity.

Employment History
Current Registrations
LPL Financial LLCBroker
May 2017 - Present · 9 yrs
LPL Financial LLC
May 2017 - Present · 9 yrs
Previous Registrations
Wells Fargo Clearing Services, LLC
February 2009 - June 2017 · 8 yrs 4 mos
Wells Fargo Clearing Services, LLCBroker
February 2009 - June 2017 · 8 yrs 4 mos
Citigroup Global Markets INC.Broker
August 2003 - March 2009 · 5 yrs 7 mos
Citigroup Global Markets INC.
August 2003 - March 2009 · 5 yrs 7 mos
UBS Financial Services INC.
November 1996 - September 2003 · 6 yrs 10 mos
UBS Financial Services INC.Broker
August 1996 - September 2003 · 7 yrs 1 mo
Dean Witter Reynolds INC.Broker
March 1986 - September 1996 · 10 yrs 6 mos
State Registrations15 states
CADEFLHIILLAMDMNNCNMNYPASCTXVA
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.
Michael Devincentis - Financial Advisor | TrueAdvisor