MC
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Michael Chinn

28 Years of Experience
Suffolk, VA
BrokerSells Insurance

Michael Chinn is a registered investment advisor at LPL Financial LLC, based in Suffolk, VA, 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

Suffolk, VA

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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 operates under the DBA Private Wealth Resources Inc. since 2005, which is related to his LPL business. Since 2019, Michael is also involved in non-variable insurance.

Employment History
Current Registrations
LPL Financial LLCBroker
January 2020 - Present · 6 yrs 8 mos
LPL Financial LLC
January 2020 - Present · 6 yrs 8 mos
Previous Registrations
Nationwide Securities, LLC
August 2008 - January 2020 · 11 yrs 5 mos
Nationwide Securities, LLCBroker
August 2008 - January 2020 · 11 yrs 5 mos
1717 Capital Management Company
April 2004 - August 2008 · 4 yrs 4 mos
1717 Capital Management CompanyBroker
March 2004 - August 2008 · 4 yrs 5 mos
Morgan Stanley
March 1999 - January 2004 · 4 yrs 10 mos
Morgan Stanley Dw INC.Broker
October 1997 - January 2004 · 6 yrs 3 mos
State Registrations19 states
AKALAZCACOFLILLAMDMEMNMONCNYOHORTXUTVA
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 Chinn - Financial Advisor | TrueAdvisor