MD
CFP
MD
CFP

Michael Davino

15 Years of Experience
Tallahassee, FL
Broker

Michael Davino is a CFP-designated registered investment advisor at LPL Financial LLC, based in Tallahassee, FL, with 15 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

1673 Mahan Center Blvd, Tallahassee, FL, 32308

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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 is involved in several business activities, including real estate rental, a business entity for tax purposes, U-Vest Financial (DBA for LPL business), U-Vest Tax (tax prep/accounting), DFS Professional (Daily Fantasy Sports), and active trading. These activities require minimal time commitment, except for The Davino Agency Inc which takes a few hours per week.

Employment History
Current Registrations
LPL Financial LLC
July 2021 - Present · 4 yrs 10 mos
LPL Financial LLCBroker
July 2021 - Present · 4 yrs 10 mos
Previous Registrations
Waddell & Reed
August 2010 - July 2021 · 10 yrs 11 mos
Waddell & ReedBroker
July 2010 - July 2021 · 11 yrs
State Registrations25 states
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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.