MP
MP

Michael Peters

29 Years of Experience
Balti More, MD
1 DisclosureBroker

Michael Peters is a registered investment advisor at LPL Financial LLC, based in Balti More, MD, 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
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

428 Rockway Road, Balti More, MD, 21228

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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
October 2014
Denied
Other Business Activities

Michael owns 45% of an accounting firm, Michael G Peters, PA, since 2000. This activity is investment-related.

Employment History
Current Registrations
LPL Financial LLC
December 2020 - Present · 5 yrs 5 mos
LPL Financial LLCBroker
December 2020 - Present · 5 yrs 5 mos
Previous Registrations
Avantax Advisory Services
October 2019 - December 2020 · 1 yr 2 mos
Avantax Investment Services, INC.Broker
October 2019 - December 2020 · 1 yr 2 mos
1st Global Advisors INC
February 2006 - October 2019 · 13 yrs 8 mos
1st Global Capital CORP.Broker
August 1996 - October 2019 · 23 yrs 2 mos
State Registrations11 states
CACTDEFLMDMNNJOHPASCVA
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 Peters - Financial Advisor | TrueAdvisor