Michael Sorenson
Michael Sorenson is a registered investment advisor at LPL Financial LLC, based in Carlsbad, CA, with 37 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
5927 Balfour Court, Ste 101, Carlsbad, CA, 92008
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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 sponsors an educational website about his deceased brother's art and is the sole heir of his estate. He is also an independent insurance agent selling fixed insurance products, including term insurance, SPIAs, LTC, disability, and health insurance, dedicating about 20% of his time to this. Additionally, Michael is associated with Advanced Wealth Strategies Group, Inc. and Sorenson Advisors, Inc., dedicating minimal time and about half of his time respectively.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
The Wealth Advisors
Ing Financial Partners, INC
Ing Financial Partners, INC.Broker
Intersecurities, INC.
Intersecurities, INC.Broker
American United Life Insurance CompanyBroker
Aul Equity Sales CORP.Broker
United Securities Alliance, INC.Broker
Spelman & CO., INC.Broker
Wells Fargo Securities INC.Broker
Lutheran Brotherhood Securities CORP.Broker
State Registrations4 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.