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CFP

Michael Salvatore

LPL Financial LLC
29 Years of Experience
Plantation, FL
1 DisclosureBroker
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Michael Salvatore is a CFP-designated registered investment advisor at LPL Financial LLC, based in Plantation, FL, with 29 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Plantation, FL

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History

Regulatory History (1)
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Criminal
March 1988
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael owns two rental real estate properties since 2012, each requiring minimal time. He also has an investment-related business entity, MS Consulting, for tax/investment purposes, requiring minimal time.

Employment History
Current Registrations
LPL Financial LLC
July 2007 - Present · 19 yrs 3 mos
LPL Financial LLCBroker
July 2007 - Present · 19 yrs 3 mos
Previous Registrations
Ameriprise Financial Services, INC.
October 2003 - July 2007 · 3 yrs 9 mos
American Express Financial Advisors, INC.
September 1997 - October 2003 · 6 yrs 1 mo
Ameriprise Financial Services, INC.Broker
September 1997 - July 2007 · 9 yrs 10 mos
Ids Life Insurance CompanyBroker
September 1997 - July 2006 · 8 yrs 10 mos
State Registrations11 states
ALCOFLGAMDNCNYOHTXUTVA
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.
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