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Michael Benjaminson

LPL Financial LLC
31 Years of Experience
San Ramon, CA
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Benjaminson is a registered investment advisor at LPL Financial LLC, based in San Ramon, CA, with 31 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

111 Dearwood Rd; Suite 200, Office 32, San Ramon, CA, 94583

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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
November 2008
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael operates under the DBAs MDB Group and MDB Wealth Group, Inc. He engages in standard insurance activities and LPL business and insurance business, dedicating about 10-20% of his time to the former and full-time to the latter.

Employment History
Current Registrations
LPL Financial LLC
May 2005 - Present · 21 yrs 5 mos
LPL Financial LLCBroker
May 2005 - Present · 21 yrs 5 mos
Previous Registrations
Lincoln Financial Advisors Corporation
July 2001 - May 2005 · 3 yrs 10 mos
Lincoln Financial Advisors CorporationBroker
June 2001 - May 2005 · 3 yrs 11 mos
The Lincoln National Life Insurance CompanyBroker
June 2001 - May 2005 · 3 yrs 11 mos
1717 Capital Management CompanyBroker
June 1997 - December 2001 · 4 yrs 6 mos
Sun Investment Services CompanyBroker
April 1995 - June 1997 · 2 yrs 2 mos
State Registrations7 states
CACOFLLANYORTX
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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