MC
CFP
MC
CFP

Michael Cahill

39 Years of Experience
Wilmette, IL
BrokerSells Insurance

Michael Cahill is a CFP-designated registered investment advisor at LPL Financial LLC, based in Wilmette, IL, with 39 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

525 4th St, Wilmette, IL, 60091

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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 operates under Cahill & Associates as a DBA for his LPL business. He also occasionally teaches history classes for the Archdiocese of Chicago, and authored a book about the Archdiocese. Finally, Michael is a sales agent for non-variable insurance through Cahill & Associates, spending a few hours per week on this activity.

Employment History
Current Registrations
LPL Financial LLC
July 2011 - Present · 15 yrs
LPL Financial LLCBroker
September 2009 - Present · 16 yrs 10 mos
Previous Registrations
Waterstone Financial Group, INC.
July 2008 - December 2008 · 5 mos
Waterstone Financial Group, INC.Broker
March 2004 - September 2009 · 5 yrs 6 mos
Peb Financial Group, INC.Broker
March 1987 - April 2004 · 17 yrs 1 mo
State Registrations18 states
AZCAFLGAHIILINMIMNNJNVNYOHORPAPRTXVA
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.