Michael Woram is a registered investment advisor at LPL Financial LLC, based in Dallas, TX, 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
6116 N Central Expy Ste 522, Dallas, TX, 75206
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Regulatory History (1)
Customer Dispute
July 2003Other Business Activities
Michael operates Woram Wealth Management as a DBA for his LPL business and as a business entity for tax/investment purposes. He spends about a quarter of his time on these activities during securities trading.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
LPL Financial LLC
Previous Registrations
Banc of America Investment Services, INC.
Banc of America Investment Services, INC.Broker
Wamu Investments, INC.
Wamu Investments, INC.Broker
H&r Block Financial Advisors, INC.
H&r Block Financial Advisors, INC.Broker
Salomon Smith Barney INC.
Salomon Smith Barney INC.Broker
State Registrations25 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.