MF
MF

Michael Fischer

24 Years of Experience
Staten Island, NY
BrokerSells Insurance

Michael Fischer is a registered investment advisor at LPL Financial LLC, based in Staten Island, NY, with 24 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

26 Watchogue Road, Staten Island, NY, 10314

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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 ActivitiesSells Insurance

Michael is a firefighter, an insurance agent for Lotus Advisory Group and Todt Hill Brokerage, and a financial advisor for Lotus Financial Group. He also owns and operates ATM machines and provides administrative functions for an accounting practice.

Employment History
Current Registrations
LPL Financial LLC
November 2017 - Present · 8 yrs 10 mos
LPL Financial LLCBroker
November 2017 - Present · 8 yrs 10 mos
Previous Registrations
National Planning Corporation ("npc of America" in Fl & Ny)
June 2013 - November 2017 · 4 yrs 5 mos
National Planning CorporationBroker
August 2012 - November 2017 · 5 yrs 3 mos
Genworth Financial Securities CorporationBroker
October 2005 - August 2012 · 6 yrs 10 mos
C. J. M. Planning CORP.Broker
November 2004 - October 2005 · 11 mos
Schwab Capital Markets L.P.Broker
September 2000 - December 2002 · 2 yrs 3 mos
Wall Street AccessBroker
June 1999 - September 2000 · 1 yr 3 mos
State Registrations5 states
CTFLNCNJNY
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.