TrueAdvisor
TrueAdvisor
MB
MB

Michael Bernardo

LPL Financial LLC
30 Years of Experience
Woodland Hills, CA
4 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Bernardo is a registered investment advisor at LPL Financial LLC, based in Woodland Hills, CA, with 30 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

21520 Victory Blvd, Woodland Hills, CA, 91367

Get directions

History

Regulatory History (4)
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.
Regulatory
May 2001
Final
Employment Separation After Allegations
September 1999
Customer Dispute
September 1999
Settled
Regulatory
July 1999
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael operates under the DBA Logix Financial Services for his LPL business since 2000. He also engages in non-variable insurance activities, dedicating minimal time to it.

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
Invest Financial Corporation
February 2012 - February 2018 · 6 yrs
Invest Financial CorporationBroker
April 2007 - February 2018 · 10 yrs 10 mos
Pfic Securities CorporationBroker
August 2005 - April 2007 · 1 yr 8 mos
Fiserv Investor Services, INC.Broker
August 2001 - August 2005 · 4 yrs
Interlink Securities CORP.Broker
June 2000 - December 2000 · 6 mos
Linsco/private Ledger CORP.Broker
July 1994 - September 1999 · 5 yrs 2 mos
Five Star Resources, INC.Broker
June 1994 - August 1994 · 2 mos
State Registrations28 states
ALAZCACOCTFLGAHIIDINKYMAMIMNNJNVNYOHOKORPASCSDTXVAVTWAWV
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.
More Advisors
More financial advisors in Woodland Hills, CA →All financial advisors in California →