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Michael Murray

LPL Financial LLC
25 Years of Experience
Danvers, MA
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Murray is a registered investment advisor at LPL Financial LLC, based in Danvers, MA, with 25 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

150A Andover St Ste 10A, Danvers, MA, 01923

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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
January 2002
Denied
Criminal
September 1991
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael operates Peabody Wealth Advisors as a DBA for his LPL business since 2013. He also has a business entity, White Marlin Wealth Management, LLC, for tax/investment purposes only, requiring minimal time. Additionally, Michael is a licensed insurance agent since 2009, offering fixed insurance products, dedicating about 10-20% of his time.

Employment History
Current Registrations
LPL Financial LLC
February 2018 - Present · 8 yrs 8 mos
LPL Financial LLCBroker
February 2018 - Present · 8 yrs 8 mos
Previous Registrations
Sii Investments, INC.
February 2009 - February 2018 · 9 yrs
Sii Investments, INC.Broker
February 2009 - February 2018 · 9 yrs
Next Financial Group, INC.
June 2007 - February 2009 · 1 yr 8 mos
Next Financial Group, INC.Broker
April 2007 - February 2009 · 1 yr 10 mos
John Hancock Funds, LLCBroker
March 2003 - June 2005 · 2 yrs 3 mos
Signator Investors, INC.Broker
October 2002 - April 2007 · 4 yrs 6 mos
Edward JonesBroker
February 2001 - October 2002 · 1 yr 8 mos
State Registrations23 states
AZCACOCTDCFLGAMAMDMEMTNCNHNJNYOHPARISCTXVAVTWY
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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