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Michael Aves

LPL Financial LLC
35 Years of Experience
Gaithersburg, MD
1 DisclosureBroker
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Michael Aves is a registered investment advisor at LPL Financial LLC, based in Gaithersburg, MD, with 35 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

7 Park Avenue, Gaithersburg, MD, 20877

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History

Regulatory History (1)
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Criminal
May 1988
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael operates Susquehanna Wealth Assurance Group and Luna Financial LLC as DBAs for his LPL business, dedicating full-time hours to these activities. He also works as a musician/performer and is involved with PA Dutchman Holdings BV for tax/investment purposes, spending minimal time on each.

Employment History
Current Registrations
LPL Financial LLC
October 2017 - Present · 9 yrs
LPL Financial LLCBroker
October 2017 - Present · 9 yrs
Previous Registrations
Voya Financial Advisors, INC.
November 2010 - October 2017 · 6 yrs 11 mos
Voya Financial Advisors, INC.Broker
November 2006 - October 2017 · 10 yrs 11 mos
Walnut Street Securities, INC.Broker
August 2003 - November 2006 · 3 yrs 3 mos
Nathan & Lewis Securities, INC.Broker
May 1997 - August 2003 · 6 yrs 3 mos
Jaron Equities CORP.Broker
October 1993 - April 1997 · 3 yrs 6 mos
Guardian Investor Services CorporationBroker
January 1992 - October 1993 · 1 yr 9 mos
Gruntal & CO. IncorporatedBroker
May 1989 - July 1989 · 2 mos
The Stuart-James Company, IncorporatedBroker
August 1988 - May 1989 · 9 mos
State Registrations6 states
CTFLMDNJNYPA
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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