MD
MD

Michael D'ambrosio

9 Years of Experience
Monroeville, PA
Broker

Michael D'ambrosio is a registered investment advisor at LPL Financial LLC, based in Monroeville, PA, with 9 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

3824 Northern Pike Ste 850, Monroeville, PA, 15146

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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 Activities

Michael operates D'Ambrosio Financial Advisors as a DBA for his LPL business. He dedicates all of his time to this investment-related activity.

Employment History
Current Registrations
LPL Financial LLCBroker
December 2020 - Present · 5 yrs 5 mos
LPL Financial LLC
December 2020 - Present · 5 yrs 5 mos
Previous Registrations
Sagepoint Financial, INC.
June 2017 - December 2020 · 3 yrs 6 mos
Sagepoint Financial, INC.Broker
August 2016 - December 2020 · 4 yrs 4 mos
State Registrations18 states
AZCACODCDEFLGAHIMAMDMENCNYOHPASCTXVA
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.
Michael D'ambrosio - Financial Advisor | TrueAdvisor