Ausdal Financial Partners
46yrs
Top 1% by experience in Illinois
18yrs
Michael Loftus
Financial advisor at LPL Enterprise
Based in Downers Grove, Illinois, Michael Loftus is a fiduciary financial advisor with 18 years of industry experience. Michael joined LPL Enterprise in 2025, after three years at Merrill and less than a year at Morgan Stanley. LPL Enterprise offers financial planning, investment management, and educational workshops and is paid through a percentage of assets, hourly fees, and flat fees.
One of 389 advisors with offices in Downers Grove, and one of 324 fiduciaries.
At a glance
Experience18 years (since 2008)
How that compares ?More experience than 65% of advisors at LPL Enterprise
Office1901 Butterfield Road Suite 250, Downers Grove, IL 60515
FirmLPL Enterprise
How the firm is paid ?Percent of assets, Hourly, Flat fee
Typical client at the firm ?$239,757
Advisors at the firm3,111
States licensed ?1 state
Services through LPL Enterprise
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsEducational seminars and workshopsOther services
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Career
- Mar 2025 – nowLPL Enterprise, LLCCurrent firm
- 2009 – 2012MerrillPreviously
- Jun 2009 – Nov 2009Morgan StanleyPreviously
- Nov 2008 – Jun 2009Morgan Stanley & Co. LLCPreviously
Contact Michael
(704) 733-3300Firm headquarters in Fort Mill, SC. Ask for Michael. 1901 Butterfield Road Suite 250Downers Grove, IL 60515Office · Get directions Firm websitewww.lpl.com/lpl-enterprise.html
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Questions to ask Michael
Tailored to Michael’s registration and firm.
- At a firm this size, will I work with you directly or with a service team?
- What does a financial plan with you include, and how often is it updated?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
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About Michael
How do I contact Michael?
Call LPL Enterprise at (704) 733-3300 and ask for Michael Loftus. Michael works from the Downers Grove, IL office.
How long has Michael been a financial advisor?
Michael has been in the industry since 2008, about 18 years. More experience than 65% of advisors at LPL Enterprise.
What licenses does Michael hold?
Series 63, Series 65, Series 66. Tap any license on this page to see what it allows.
Is Michael a fiduciary?
Michael is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Michael paid?
LPL Enterprise reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees. Ask Michael for your total yearly cost in dollars.
Official record as of October 3, 2026.
This profile is for information only and is not financial advice or a recommendation.
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