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Michael Lucenti

Commonwealth Financial Network
27 Years of Experience
San Diego, CA
1 DisclosureBroker
View SEC Summary
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Michael Lucenti is a registered investment advisor at Commonwealth Financial Network, based in San Diego, CA, with 27 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 Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

4715 Viewridge Ave, Suite 250, San Diego, CA, 92123

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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.
Employment Separation After Allegations
October 2014
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael is a co-owner of rental property in Litchfield, AZ, since 2023. This activity is investment-related and requires minimal time.

Employment History
Current Registrations
Commonwealth Financial Network
October 2021 - Present · 5 yrs
Commonwealth Financial Network
October 2021 - Present · 5 yrs
Commonwealth Financial NetworkBroker
October 2021 - Present · 5 yrs
Previous Registrations
Cuso Financial Services, L.P.
June 2015 - October 2021 · 6 yrs 4 mos
Cuso Financial Services, L.P.Broker
March 2015 - October 2021 · 6 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2011 - November 2014 · 3 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2011 - November 2014 · 3 yrs 3 mos
Metlife Securities INC.Broker
October 2002 - August 2011 · 8 yrs 10 mos
Metropolitan Life Insurance CompanyBroker
October 2002 - July 2007 · 4 yrs 9 mos
National Securities CorporationBroker
July 2001 - September 2002 · 1 yr 2 mos
PHD CapitalBroker
December 1998 - July 2001 · 2 yrs 7 mos
State Registrations1 state
CA
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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