MP
MP

Michael Parrinello

28 Years of Experience
Canyon Country, CA
1 DisclosureBrokerSells Insurance

Michael Parrinello is a registered investment advisor at LPL Financial LLC, based in Canyon Country, CA, with 28 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

26825 Gwenalda Lane, Canyon Country, CA, 91387

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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
February 2021
Settled
Other Business ActivitiesSells Insurance

Michael operates BCN Financial as a DBA for his LPL business and is also a Registered Investment Advisor through BCN Financial, Inc, spending full-time and about a quarter of his time, respectively, on these activities. He also sells fixed insurance products (minimal time), is a notary (minimal time), and volunteers as a football coach (a few hours per week).

Employment History
Current Registrations
LPL Financial LLCBroker
April 2024 - Present · 2 yrs 1 mo
Bcn Financial, INC.
November 2015 - Present · 10 yrs 6 mos
Previous Registrations
Crown Capital Securities, L.P.Broker
February 2017 - April 2024 · 7 yrs 2 mos
Quest Securities, INC.Broker
February 2015 - February 2017 · 2 yrs
Scf Securities, INC.Broker
January 2010 - February 2015 · 5 yrs 1 mo
Centaurus Financial, INC.Broker
June 2007 - December 2009 · 2 yrs 6 mos
1717 Capital Management CompanyBroker
March 2004 - July 2007 · 3 yrs 4 mos
Hornor, Townsend & Kent, INC.Broker
August 2001 - July 2003 · 1 yr 11 mos
Triquest Financial, INC.Broker
December 1995 - October 2000 · 4 yrs 10 mos
State Registrations15 states
AZCACODCFLIDKYMINDNVORTNTXVAWY
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.
Michael Parrinello - Financial Advisor | TrueAdvisor