MS
CFP
MS
CFP

Michael Salvatore

28 Years of Experience
Plantation, FL
1 DisclosureBroker

Michael Salvatore is a CFP-designated registered investment advisor at LPL Financial LLC, based in Plantation, FL, 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
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

Plantation, FL

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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.
Criminal
March 1988
Final Disposition
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 2 mos
LPL Financial LLCBroker
July 2007 - Present · 19 yrs 2 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 Registrations12 states
ALCOFLGAMDNCNYOHTNTXUTVA
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 Salvatore - Financial Advisor | TrueAdvisor