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TrueAdvisor
MM
CFP · ChFC
MM
CFP · ChFC

Michael Merrill

LPL Financial LLC
21 Years of Experience
Portland, OR
BrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Merrill is a CFP, ChFC-designated registered investment advisor at LPL Financial LLC, based in Portland, OR, with 21 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

5550 South Macadam Ave Ste 120, Portland, OR, 97239

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History

Regulatory History
Clean regulatory record

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

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Michael is an advisory representative of a RIA, spending a few hours per week on investment-related activities. He is also a co-owner/principal/independent insurance agent for various independent insurance companies, dedicating minimal time to this and is a managing member/co-author of a book. Michael also owns commercial and rental properties.

Employment History
Current Registrations
LPL Financial LLC
May 2026 - Present · 5 mos
LPL Financial LLCBroker
May 2026 - Present · 5 mos
LPL Financial LLC
May 2026 - Present · 5 mos
Previous Registrations
Cambridge Investment Research, INC.Broker
November 2011 - May 2026 · 14 yrs 6 mos
Cambridge Investment Research Advisors, INC.
November 2011 - May 2026 · 14 yrs 6 mos
Securian Financial Services, INC.
July 2007 - November 2011 · 4 yrs 4 mos
Cri Securities, LLC
July 2007 - November 2011 · 4 yrs 4 mos
Marathon Advisors, INC
September 2006 - December 2007 · 1 yr 3 mos
Cri Securities, LLCBroker
February 2005 - November 2011 · 6 yrs 9 mos
Securian Financial Services, INC.Broker
December 2004 - November 2011 · 6 yrs 11 mos
State Registrations52 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTWAWIWVWY
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.
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