Michael Gorak is a registered investment advisor at LPL Financial LLC, based in Pasadena, CA, with 21 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 S. Lake Ave., Ste. 700, Pasadena, CA, 91101
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Regulatory History (1)
Customer Dispute
August 2004Other Business Activities
Michael is involved with Endgame Development, LLC, focusing on business management and branding. He also works as a business affairs consultant with Business Affairs Management, Inc.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Western International Securities, INC.Broker
Western International Securities
Western International Securities
Western International Securities, INC.Broker
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
City National Securities, INC.
City National Securities, INC.Broker
Centaurus Financial, INC.Broker
Centaurus Financial, INC.
Brookstreet Capital Management
Brookstreet Securities CorporationBroker
Linsco/private Ledger CORP.
Linsco/private Ledger CORP.Broker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
State Registrations3 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.