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Michael Lafleche

34 Years of Experience
Clifton Park, NY
1 DisclosureBroker

Michael Lafleche is a registered investment advisor at LPL Financial LLC, based in Clifton Park, NY, 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
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

800 Route 146 Ste 473, Clifton Park, NY, 12065

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
October 2001
Award / Judgment
Other Business Activities

Michael is doing business as PAM ASSOCIATES, LLC since 2003, which is an entity for his LPL business. He owns 100% of the company.

Employment History
Current Registrations
LPL Financial LLC
October 2019 - Present · 6 yrs 7 mos
LPL Financial LLCBroker
October 2019 - Present · 6 yrs 7 mos
Previous Registrations
First Allied Advisory Services, INC.
June 2012 - October 2019 · 7 yrs 4 mos
First Allied Securities, INC.
March 2012 - July 2012 · 4 mos
First Allied Securities, INC.Broker
June 2005 - October 2019 · 14 yrs 4 mos
Round Hill Securities, INC.Broker
July 2003 - June 2005 · 1 yr 11 mos
Citigroup Global Markets INC.Broker
December 1996 - July 2003 · 6 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 1991 - December 1996 · 5 yrs 2 mos
State Registrations4 states
COFLMANY
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.
Michael Lafleche - Financial Advisor | TrueAdvisor