Michael Maglio
Michael Maglio is a registered investment advisor at LPL Financial LLC, based in Totowa, NJ, 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
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
999 Riverview Dr Ste 201, Totowa, NJ, 07512
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Regulatory History (1)
Customer Dispute
February 2025Other Business ActivitiesSells Insurance
Michael spends minimal time on non-variable insurance business since 2001. He also dedicates nearly full-time to two LLCs, Michael Maglio Financial Services, LLC and Michael Maglio, LLC, for tax and investment purposes, and minimal time to a non-securities related business with family called TopHealth.Life.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
1st Global Capital CORP.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations22 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.