Michael Smith
Michael Smith is a registered investment advisor at LPL Financial LLC, based in Bolingbrook, IL, 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
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
440 W Boughton Rd, Ste 208B, Bolingbrook, IL, 60440
Get directionsHistory
Regulatory History (3)
Customer Dispute
May 2012Customer Dispute
April 2008Employment Separation After Allegations
June 2003Other Business Activities
Michael is associated with HighPoint Planning Partners as a DBA for LPL business, dedicating about half their time. Michael is also associated with HighPoint Advisory Group, LLC as a Registered Investment Advisor, dedicating nearly full-time.
Employment History
Current Registrations
LPL Financial LLC
Highpoint Planning Partners
LPL Financial LLCBroker
Previous Registrations
Highpoint Planning Partners
Level Four Advisory Services
Investment Professionals, INC.
Investment Professionals, INC.Broker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
A. G. Edwards & Sons, INC.
A. G. Edwards & Sons, INC.Broker
Pruco Securities CorporationBroker
State Registrations6 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.