Michael Elchoness is a CFP-designated registered investment advisor at LPL Financial LLC, based in Mt. Laurel, NJ, with 15 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
1000 Atrium Way, Suite 401, Mt. Laurel, NJ, 08054
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is a business owner at Bluma Consulting LLC, dedicating about a quarter of his time. He also works with Momentum Wealth Partners, spending nearly full-time hours there, and has a consulting assignment as SVP of Community Relations for Your Choice Home Care, taking about a quarter of his time.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
PNC Investments
PNC InvestmentsBroker
TD Private Client Wealth LLC
TD Private Client Wealth LLCBroker
Wells Fargo Advisors, LLCBroker
Wachovia Securities, LLCBroker
Axelrod Associates, INC.Broker
Salomon Smith Barney INC.Broker
Scudder Financial Services, INC.Broker
Scudder Investor Services, INC.Broker
First Union Brokerage Services, INC.Broker
Dean Witter Reynolds INC.Broker
Prime Charter LTD.Broker
State Registrations1 state
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.