MH
CFP
MH
CFP

Michael Henderson

26 Years of Experience
Maitland, FL
1 DisclosureBrokerSells Insurance

Michael Henderson is a CFP-designated registered investment advisor at LPL Financial LLC, based in Maitland, FL, with 26 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

2600 Maitland Center Parkway, Suite 340, Maitland, FL, 32751

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History

Regulatory History (1)
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.
Customer Dispute
March 2008
Closed-No Action
Other Business ActivitiesSells Insurance

Michael is involved in several business activities, including operating Crossover Point Advisors as a DBA for LPL business and as a registered investment advisor DBA, and providing investment advisory services through Independent Advisor Alliance. He also owns Henderson Wealth Management for tax/investment purposes, works as a non-variable insurance agent for Sage Insurance Partners, and is writing a book.

Employment History
Current Registrations
LPL Financial LLCBroker
April 2020 - Present · 6 yrs 1 mo
Independent Advisor Alliance, LLC
February 2019 - Present · 7 yrs 3 mos
Previous Registrations
Collaborative Wealth
May 2015 - August 2019 · 4 yrs 3 mos
Independent Financial Partners
July 2011 - June 2015 · 3 yrs 11 mos
LPL Financial LLC
April 2009 - December 2011 · 2 yrs 8 mos
LPL Financial LLCBroker
March 2009 - March 2019 · 10 yrs
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2005 - March 2009 · 3 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2005 - March 2009 · 3 yrs 11 mos
American Express Financial Advisors, INC.
May 1999 - April 2005 · 5 yrs 11 mos
Ids Life Insurance CompanyBroker
May 1999 - April 2005 · 5 yrs 11 mos
American Express Financial Advisors INC.Broker
May 1999 - April 2005 · 5 yrs 11 mos
State Registrations10 states
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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 Henderson - Financial Advisor | TrueAdvisor