Michael Albert Vela

Employer firm

LPl Financial LLC CRD 6413

$819B regulatory AUM 209,600 advisory clients

Reported services (Item 5G)

Financial planning
Portfolio management (individuals)
Portfolio management (institutions)
Educational seminars
CONSULTING AND OTHER NON-DISCRETIONARY ADVISORY SERVICES

From the firm’s Form ADV. Read the guides:

Current Employers

Lpl Financial Llc

1055 Lpl Way, Fort Mill, SC 29715 • United States

Current Registrations

Authority	Category	Status	Date
SC	RA	APPROVED	2025-07-23
FL	RA	APPROVED	2024-01-12
NY	RA	APPROVED	2022-01-13
TX	RA	APPROVED_RES	2022-01-13

SC RA
APPROVED

Since 2025-07-23
FL RA
APPROVED

Since 2024-01-12
NY RA
APPROVED

Since 2022-01-13
TX RA
APPROVED_RES

Since 2022-01-13

Branch Locations

Piedmont, SC • United States

Disclosures

1 disclosure category reported Yes on this SEC record. Read each Yes below, then review the firm’s Form ADV Item 11 guide for how disclosure questions work.

Regulatory action No
Criminal No
Bankruptcy No
Civil judicial No
Bond No
Judgment / lien No
Investigation No
Customer complaint Yes
Termination No

Employment History

Organization	City	State	From	To
Prof Poker Player	Newburgh	NY	11/2007	11/2017
Foresters Financial Services	Nanuet	NY	10/2012	11/2018
Big Slick Social Club	Washingtonville	NY	02/2018	10/2020
Foresters Financial Services	Nanuet	NY	11/2018	04/2019
Foresters Financial Services	Columbus	OH	11/2018	02/2019
Lpl Financial, Llc	Newburgh	NY	10/2020	Present

11/2007 → 11/2017

Prof Poker Player

Newburgh, NY
10/2012 → 11/2018

Foresters Financial Services

Nanuet, NY
02/2018 → 10/2020

Big Slick Social Club

Washingtonville, NY
11/2018 → 04/2019

Foresters Financial Services

Nanuet, NY
11/2018 → 02/2019

Foresters Financial Services

Columbus, OH
10/2020 → Present

Lpl Financial, Llc

Newburgh, NY

Other Businesses

1. 02/06/2024 - Balmville Wealth Group - DBA for LPL Business (entity for LPL business) - Investment Related - At Reported Business Location(s) - Start Date 09/15/2021 - 10 Hours Per Month/ During Trading 2. 03/26/2024 - Balmville Wealth Group - Investment Related - At Reported Business Location(s) - Non-Variable Insurance - Agent - Started 10/19/2020 - 10 Hours Per Month/5 Hours During Securities Trading

Exams

Code	Exam	Date
S66	Uniform Combined State Law Examination	2021-10-22
S63	Uniform Securities Agent State Law Examination	1988-04-06

S66 Uniform Combined State Law Examination

2021-10-22
S63 Uniform Securities Agent State Law Examination

1988-04-06

Other Names

Michael A Vela

View on SEC IAPD