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CFP
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CFP

Michael Stone

LPL Financial LLC
39 Years of Experience
Denver, CO
BrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Stone is a CFP-designated registered investment advisor at LPL Financial LLC, based in Denver, CO, with 39 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

4582 S Ulster St Ste 1300, Denver, CO, 80237

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Michael sells non-variable insurance products, dedicating about 10-20% of his time to this activity. He also owns rental real estate managed by Coldwell Banker, requiring minimal time, and operates Denver Wealth Management as a DBA for his LPL business, spending a few hours per week on it.

Employment History
Current Registrations
LPL Financial LLC
January 1999 - Present · 27 yrs 9 mos
LPL Financial LLCBroker
August 1995 - Present · 31 yrs 2 mos
Previous Registrations
Michael D. Stone, CFP
January 1999 - October 2006 · 7 yrs 9 mos
Omnivest, INC.Broker
April 1990 - August 1995 · 5 yrs 4 mos
First Investors CorporationBroker
January 1987 - March 1990 · 3 yrs 2 mos
State Registrations29 states
AZCACOFLGAHIIDILINKSKYLAMDMIMNMOMTNCNENJNMOHSCTNTXUTVAWAWY
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.
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