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Michael Lambrechts

10 Years of Experience
Fort Lauderdale, FL
BrokerSells Insurance

Michael Lambrechts is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Fort Lauderdale, FL, with 10 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3935 advisors
Number of Clients
323,031 clients
Average Client Portfolio
$317K average
Assets Under Management
$102.4B

Fee Structure

Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.

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Location

888 SE 3rd Ave, Ste 401, Fort Lauderdale, FL, 33316

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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 a managing partner at KL Wealth Advisors LLC and an advisory representative of an RIA, CIRA, dedicating full-time hours to each. He is also an independent insurance agent for various independent insurance companies, spending about 10-20% of his time on this activity.

Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
September 2016 - Present · 9 yrs 8 mos
Cambridge Investment Research, INC.Broker
September 2016 - Present · 9 yrs 8 mos
Previous Registrations
Gsk Wealth Advisors, INC.
September 2016 - September 2016 · 0 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
June 2015 - December 2015 · 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
April 2015 - December 2015 · 8 mos
State Registrations9 states
CACOFLGALAMAMINYVA
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.