Michael Ioffredo
Michael Ioffredo is a CFP-designated registered investment advisor at LPL Financial LLC, based in Lexington, MA, with 10 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
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
Location
57 Bedford St Ste 204, Lexington, MA, 02420-4550
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael operates Alena Wealth, LLC as a DBA for his LPL business since March 2022. He also works as a non-variable insurance broker, dedicating minimal time to this activity.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Dimensional Fund Advisors LP
Dfa Securities LLCBroker
State Registrations26 states
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
More Advisors
- Nicholas Avola, CFPLPL Financial LLC
- Alan Ioffredo, CFPLPL Financial LLC
- Kathryn Maffei, CFPLPL Financial LLC
- Michael Claveau, CFPWingate Wealth Advisors, INC.
- George Bouton, CFPHightower Advisors, LLC
- George Gagliardi, CFPAstoria Portfolio Advisors LLC