Michael Woram is a registered investment advisor at LPL Financial LLC, based in Dallas, TX, with 34 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
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
Location
6116 N Central Expy Ste 510, Dallas, TX, 75206
Get directionsHistory
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 LLC
LPL Financial LLC
LPL Financial LLCBroker
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.
Exams
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