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CFP
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CFP

Michael Goldsmith

Private Advisor Group, LLC
36 Years of Experience
Massapequa, NY
BrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Goldsmith is a CFP-designated registered investment advisor at Private Advisor Group, LLC, based in Massapequa, NY, with 36 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 Estate Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 142,225 clients with $44B in assets under management.

Private Advisor Group, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
930 advisors
Number of Clients
142,225 clients
Average Client Portfolio
$312K average
Assets Under Management
$44.3B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Maximum annual fee is 2.00%, negotiable based on assets, account composition, and complexity.

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

549 Broadway, 2nd Floor, Massapequa, NY, 11758

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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 fixed life and health insurance through a general agent, dedicating about 10% of his time to this activity. He also does seasonal tax preparation for Investax, Inc., spending about 30% of his time on this.

Employment History
Current Registrations
Private Advisor Group, LLC
January 2024 - Present · 2 yrs 9 mos
LPL Financial LLCBroker
January 2007 - Present · 19 yrs 9 mos
Previous Registrations
LPL Financial LLC
January 2024 - April 2025 · 1 yr 3 mos
LPL Financial LLC
August 2021 - January 2024 · 2 yrs 5 mos
Securities America, INC.Broker
January 2002 - January 2007 · 5 yrs
Prime Capital Services, INC.Broker
January 1999 - January 2002 · 3 yrs
Royal Alliance Associates, INC.Broker
October 1994 - January 1999 · 4 yrs 3 mos
Metlife Securities INC.Broker
March 1990 - October 1994 · 4 yrs 7 mos
Metropolitan Life Insurance CompanyBroker
March 1990 - October 1994 · 4 yrs 7 mos
State Registrations10 states
AZDCDEFLGAMENJNYPASC
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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