Michael Thompson
Michael Thompson is a registered investment advisor at LPL Enterprise, LLC, based in Troy, MI, with 23 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 Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.35% |
Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.
Fee Estimator
Location
101 W Big Beaver Road, Suite 705, Troy, MI, 48084
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
October 2018Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Citizens Securities, INC.
Citizens Securities, INC.Broker
PNC InvestmentsBroker
Ing Financial Partners, INC.Broker
Ing Financial Partners, INC.Broker
Cambridge Group Investments, LTD.Broker
Abn Amro Financial Services, INC.Broker
Fahnestock & CO., INC.Broker
First of Michigan CorporationBroker
Charles Schwab & CO., INC.Broker
Locust Street Securities, INC.Broker
State Registrations5 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.
Exams
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