Michael New is a CFP-designated registered investment advisor at LPL Financial LLC, based in Chicago, IL, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
5960 W. Irving Park Road, Chicago, IL, 60634
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Regulatory History (6)
Customer Dispute
January 2019Financial
October 2018Financial
October 2016Financial
May 2016Financial
May 2016Customer Dispute
February 2016Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
BMO Harris Financial Advisors, INC
BMO Harris Financial Advisors, INC.Broker
U.S. Bancorp Investments, INC.Broker
U.S. Bancorp Investments, INC.
Fifth Third Securities, INC.Broker
Fifth Third Securities, INC.
Banc of America Investment Services, INC.
Banc of America Investment Services, INC.Broker
Fifth Third Securities, INC.
Fifth Third Securities, INC.Broker
Old Kent Financial AdvisorsBroker
Liberty Securities CorporationBroker
Tcf Securities, INC.Broker
State Registrations20 states
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.