MJ
MJ

Michael Jennings

26 Years of Experience
Warren, MI
2 DisclosuresBroker

Michael Jennings is a registered investment advisor at LPL Financial LLC, based in Warren, MI, with 26 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

31061 Hayes Rd, Warren, MI, 48088

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History

Regulatory History (2)
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
October 2018
Final Disposition
Criminal
April 2011
Final Disposition
Other Business Activities

Michael uses Flagstar Wealth Services as a DBA for his LPL business. This activity is investment-related and occurs at his reported business location.

Employment History
Current Registrations
LPL Financial LLC
February 2024 - Present · 2 yrs 5 mos
LPL Financial LLCBroker
February 2024 - Present · 2 yrs 5 mos
Previous Registrations
Osaic Institutions, INC.
March 2018 - February 2024 · 5 yrs 11 mos
Osaic Institutions, INC.Broker
March 2018 - February 2024 · 5 yrs 11 mos
LPL Financial LLCBroker
August 2015 - April 2018 · 2 yrs 8 mos
LPL Financial LLC
August 2015 - April 2018 · 2 yrs 8 mos
Citizens Securities, INC.
January 2008 - August 2015 · 7 yrs 7 mos
Cco Investment Services CORP.
November 2006 - December 2007 · 1 yr 1 mo
Citizens Securities, INC.Broker
December 2005 - August 2015 · 9 yrs 8 mos
Charter One Securities, INC.Broker
July 2003 - December 2005 · 2 yrs 5 mos
Charter One Securities, INC.
July 2003 - February 2005 · 1 yr 7 mos
H&r Block Financial Advisors, INC.Broker
December 2000 - April 2003 · 2 yrs 4 mos
Pruco Securities CorporationBroker
December 1998 - October 2000 · 1 yr 10 mos
State Registrations12 states
AZCAFLILKSMIMONYORTNUTWI
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 Jennings - Financial Advisor | TrueAdvisor