Planmember Securities
42yrs
Top 2% by experience in New York
32yrs
Based in Schenectady, New York, Michael Powers is a fiduciary financial advisor with 32 years of industry experience. Michael has been with LPL Financial since 2006; before that, Michael spent two years at Banc of America Investment Services and two years at Quick & Reilly. Michael holds the CFP® designation.
One of 38 advisors with offices in Schenectady, and one of 29 fiduciaries.
At a glance
Experience32 years (since 1994)
How that compares ?Top 13% by experience in Schenectady
OfficeSchenectady, NY
FirmLPL Financial
How the firm is paid ?Percent of assets, Hourly, Flat fee
Typical client at the firm ?$399,489
Advisors at the firm23,459
States licensed ?1 state
Services through LPL Financial
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.
Designations
CFP®
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Career
- 2006 – nowLPL Financial LLCCurrent firm
- Oct 2004 – May 2006Banc of America Investment Services, Inc.Previously
- 2002 – 2004Quick & Reilly, Inc.Previously
Contact Michael
(704) 733-3300Firm headquarters in Fort Mill, SC. Ask for Michael. Schenectady, NYOffice · Get directions Facebook pageLPL FinancialIs this you? Claim your free profile to add a direct line, email, photo, and specialties.
Questions to ask Michael
Tailored to Michael’s registration and firm.
- What's your succession plan, and who would work with me if you retire?
- 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 Financial at (704) 733-3300 and ask for Michael Powers. Michael works from the Schenectady, NY office.
How long has Michael been a financial advisor?
Michael has been in the industry since 1994, about 32 years. Top 13% by experience in Schenectady.
What licenses does Michael hold?
Series 63, Series 65. 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 Financial 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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