Michael Wallman
Michael Wallman is a registered investment advisor at LPL Financial LLC, based in Orlando, FL, with 29 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
Orlando, FL
Get directionsHistory
Regulatory History (2)
Financial
April 2021Employment Separation After Allegations
August 2011Other Business Activities
Michael operates under two DBAs for his LPL business: Wallman Financial and OnlyFinanceMan. These investment-related activities consume a full-time equivalent of time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Grove Point Advisors, LLC
H. Beck, INC.
Grove Point Investments, LLCBroker
Investors Capital Advisory
Investors Capital CORP.Broker
Securities America Advisors, INC.
Securities America, INC.Broker
Raymond James Financial Services
Raymond James Financial Services, INC.Broker
Moors & Cabot, INC.Broker
Moors & Cabot, INC.Broker
Dean Witter Reynolds INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Prudential Securities IncorporatedBroker
State Registrations7 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.