Michael Lambrix
Michael Lambrix is a registered investment advisor at Kestra Advisory Services, LLC, based in Prescott, AZ, with 25 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 97,702 clients with $60B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kestra Advisory Services' (Kestra AS) fees for managing your investments are a percentage of the value of your portfolio, up to a maximum of 2.5% per year. The exact percentage is determined by your advisor based on factors like the size of your account, the type of account (e.g., retirement), the services you receive, and the platform you choose. These fees are negotiable.
Kestra AS offers different advisory platforms with varying program fees that are deducted from the client fee you negotiate with your advisor. These platforms include AdvisorEnterprise, Horizon, and AdvisorChoice. Each platform has different features, costs, and minimum account sizes.
There are also third-party managed solutions available through platforms like Focus Partners Advisor Solutions, Symmetry Partners, SEI and AssetMark.
Location
Prescott, AZ
Get directionsHistory
Regulatory History (3)
Customer Dispute
March 2009Customer Dispute
October 2008Customer Dispute
September 2004Other Business ActivitiesSells Insurance
Michael is a member and part owner of Monarch Retirement & Investments, LLC, which operates as Monarch Retirement Group, facilitating securities and fixed insurance business. He also engages in fixed insurance sales under the Monarch Retirement Group name.
Employment History
Current Registrations
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
Kestra Investment Services, LLC
Previous Registrations
Commonwealth Financial NetworkBroker
Commonwealth Financial Network
Sii Investments, INC.Broker
Sii Investments, INC.
The Retirement Group
Ssn Advisory, INC.
Securities Service Network, INC.Broker
The Retirement Group
Fsc Securities CorporationBroker
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.