Michael Valudes
Michael Valudes is a registered investment advisor at LPL Financial LLC, based in Lancaster, PA, with 44 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
680 Millcross Rd, Lancaster, PA, 17601
Get directionsHistory
Regulatory History (4)
Judgment / Lien
January 2023Judgment / Lien
December 2022Judgment / Lien
January 2020Judgment / Lien
October 2018Other Business Activities
Michael operates under the DBA Waterfront Financial for his LPL business. This activity takes about a quarter of his time during securities trading.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Park Avenue Securities LLCBroker
Guardian Investor Services CorporationBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Prudential Securities IncorporatedBroker
Lehman Brothers INC.Broker
First Jersey Securities, INC.Broker
State Registrations8 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.