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Michael Sammons

LPL Financial LLC
34 Years of Experience
Gilbert, AZ
2 DisclosuresBroker
View SEC Summary
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Michael Sammons is a registered investment advisor at LPL Financial LLC, based in Gilbert, AZ, 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.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

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
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

3349 E Queen Creek Rd, Gilbert, AZ, 85297

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History

Regulatory History (2)
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
May 2016
Denied
Customer Dispute
October 2003
Pending
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is an employee of Arizona State Credit Union since 2009. He also operates OneAZ Wealth Management as a DBA for his LPL business, dedicating full-time hours to it.

Employment History
Current Registrations
LPL Financial LLC
January 2009 - Present · 17 yrs 9 mos
LPL Financial LLCBroker
January 2009 - Present · 17 yrs 9 mos
Previous Registrations
CUNA Brokerage Services, INC.Broker
October 2004 - January 2009 · 4 yrs 3 mos
CUNA Brokerage Services, INC.
October 2004 - January 2009 · 4 yrs 3 mos
Banc One Securities Corporation
August 2004 - October 2004 · 2 mos
Banc One Securities CorporationBroker
August 2004 - October 2004 · 2 mos
Natcity Investments, INC.
May 2003 - June 2004 · 1 yr 1 mo
Natcity Investments, INC.Broker
May 2003 - June 2004 · 1 yr 1 mo
Abn Amro Financial Services, INC.
October 2001 - May 2003 · 1 yr 7 mos
Abn Amro Financial Services, INC.Broker
April 1998 - May 2003 · 5 yrs 1 mo
Laughlin Group Advisors, INC.Broker
April 1997 - April 1998 · 1 yr
Invest Financial CorporationBroker
September 1993 - April 1997 · 3 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 1991 - July 1993 · 1 yr 8 mos
State Registrations21 states
ALAZCACOCTFLGAHIILKSKYMNMTNMOHORTNTXUTWAWI
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.
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