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Michelle Lyman

LPL Financial LLC
21 Years of Experience
Latham, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Michelle Lyman is a registered investment advisor at LPL Financial LLC, based in Latham, NY, with 21 years of industry experience. Michelle 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

930 Albany Shaker Road, Suite 110, Latham, NY, 12110

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Criminal
October 1986
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michelle has been selling life, disability, and long-term care insurance since 2001, representing 10% of her business. She is also a Registered Professional under the DBA Sage Financial Associates, dedicating full-time hours to this, especially during market hours.

Employment History
Current Registrations
LPL Financial LLC
July 2025 - Present · 1 yr 3 mos
LPL Financial LLCBroker
July 2025 - Present · 1 yr 3 mos
Previous Registrations
Cadaret Grant & CO INC
May 2021 - July 2025 · 4 yrs 2 mos
Cadaret, Grant & CO., INC.Broker
January 2019 - July 2025 · 6 yrs 6 mos
LPL Financial LLCBroker
November 2016 - December 2018 · 2 yrs 1 mo
Cadaret, Grant & CO., INC.Broker
January 2010 - November 2016 · 6 yrs 10 mos
Ing Financial Advisers, LLCBroker
April 2005 - January 2010 · 4 yrs 9 mos
State Registrations9 states
ALCTFLGANCNYRIVAWV
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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