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Melinda Bini

27 Years of Experience
Staten Island, NY
Broker

Melinda Bini is a registered investment advisor at LPL Financial LLC, based in Staten Island, NY, with 27 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

1481 Forest Avenue, Staten Island, NY, 10302

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Melinda operates under the DBA Northfield Investment Services for her LPL business. She also owns rental real estate, dedicating minimal time to it.

Employment History
Current Registrations
LPL Financial LLC
May 2024 - Present · 2 yrs 2 mos
LPL Financial LLC
May 2024 - Present · 2 yrs 2 mos
LPL Financial LLCBroker
May 2024 - Present · 2 yrs 2 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2016 - May 2024 · 7 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2016 - May 2024 · 7 yrs 9 mos
Wells Fargo Advisors, LLC
February 2013 - December 2013 · 10 mos
Wells Fargo Advisors, LLCBroker
March 2003 - May 2016 · 13 yrs 2 mos
Signature SecuritiesBroker
May 2001 - June 2002 · 1 yr 1 mo
Hsbc Brokerage (USA) INC.Broker
June 2000 - March 2001 · 9 mos
Republic Financial Services CorporationBroker
April 1997 - June 2000 · 3 yrs 2 mos
State Registrations4 states
FLNJNYPA
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.
Melinda Bini - Financial Advisor | TrueAdvisor