Michael Anicito
Michael Anicito is a registered investment advisor at LPL Financial LLC, based in New Providence, NJ, with 24 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
70 Floral Ave, New Providence, NJ, 07974
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
January 2011Other Business ActivitiesSells Insurance
Michael works as an assistant for Falbo Wealth Management and as a financial advisor for Inspire Investment Solutions LLC, dedicating about half of his time and nearly full-time, respectively. He also does tax preparation for Barbera & Barbera CPAs, spending minimal time, and has a non-variable insurance activity and Lotus Financial Group DBA, each taking minimal time.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Genworth Financial Securities CorporationBroker
Mbsc Securities CorporationBroker
Fam Distributors, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations10 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.