Michael Fornero is a registered investment advisor at LPL Financial LLC, based in San Tan Valley, AZ, with 33 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
San Tan Valley, AZ
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is involved with American Pacific Mortgage Corp, dedicating about 10-20% of his time. He also operates Optimal Wealth & Investments, LLC, taking nearly full-time hours, and CFG Planning Services, which takes minimal time and is for tax/investment purposes only.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Oak Brook Securities CORP.Broker
Oak Brook Securities CORP.Broker
New England SecuritiesBroker
State Registrations22 states
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