Michael Lenahan is a registered investment advisor at LPL Financial LLC, based in Monroe, NC, with 31 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
2661 W Roosevelt Blvd. Ste 104, Monroe, NC, 28110
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael operates Lenahan Wealth Management as a DBA for his LPL business. He also works as a caddie at Pinehurst Resort, dedicating about 10-20% of his time, but does not work during securities trading hours.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Suntrust Advisory Services LLC
Suntrust Investment Services, INC.Broker
Suntrust Investment Services, INC.
Uvest Financial Services Group, INC.
Uvest Financial Services Group, INC.Broker
Redwine & Company, INC.Broker
Uvest Investment ServicesBroker
Invest Financial CorporationBroker
Dean Witter Reynolds INC.Broker
State Registrations16 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.