Michael Toomey
Michael Toomey is a registered investment advisor at LPL Financial LLC, based in Palos Verdes Estates, CA, with 34 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
Palos Verdes Estates, CA
Get directionsHistory
Regulatory History (2)
Customer Dispute
December 2008Criminal
July 1964Other Business Activities
Michael operates Signet Strategic Wealth Management as a DBA for his LPL business, dedicating his full time to it. He also acts as a co-successor trustee for his brother's estate, spending a few hours per week on this activity.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Ameriprise Financial Services, INC.Broker
Ameriprise Financial Services, INC.
Western International Securities, INC.Broker
Western International Securities
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
UBS Financial Services INC.
UBS Financial Services INC.Broker
Banc of America Investment Services, INC.Broker
Ba Investment Services, INC.Broker
Prudential Securities IncorporatedBroker
Dean Witter Reynolds INC.Broker
State Registrations11 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.