MA
MA

Michael Andrews

23 Years of Experience
Henrico, VA
BrokerSells Insurance

Michael Andrews is a registered investment advisor at LPL Financial LLC, based in Henrico, VA, with 23 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

Henrico, VA

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business ActivitiesSells Insurance

Michael works as an insurance agent selling various insurance products, including life, disability, long-term care, and property & casualty insurance, for RD Marketing and Erie Insurance. This activity takes about 10-20% of Michael's time.

Employment History
Current Registrations
LPL Financial LLCBroker
May 2024 - Present · 2 yrs
LPL Financial LLC
May 2024 - Present · 2 yrs
Previous Registrations
Lincoln Financial Securities CorporationBroker
February 2019 - May 2024 · 5 yrs 3 mos
Lincoln Financial Securities Corporation
February 2019 - May 2024 · 5 yrs 3 mos
MML Investors Services, LLCBroker
March 2017 - February 2019 · 1 yr 11 mos
MML Investors Services, LLC
March 2017 - February 2019 · 1 yr 11 mos
Msi Financial Services, INC.
January 2015 - March 2017 · 2 yrs 2 mos
Msi Financial Services, INC.Broker
January 2015 - March 2017 · 2 yrs 2 mos
New England Securities Corporation
August 2014 - January 2015 · 5 mos
New England SecuritiesBroker
February 2003 - January 2015 · 11 yrs 11 mos
State Registrations6 states
CONCPASCVAWI
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.