TrueAdvisor
TrueAdvisor
MB
MB

Mario Barone

LPL Financial LLC
33 Years of Experience
Mckinney, TX
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Mario Barone is a registered investment advisor at LPL Financial LLC, based in Mckinney, TX, with 33 years of industry experience. Mario 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.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

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
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1700 N. Redbud Blvd Ste 130, Mckinney, TX, 75069

Get directions

History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2026
Pending
Customer Dispute
February 2024
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Mario has several business activities, including working for First United Wealth Management, First United Trust Dept., and First United Investment Services. He also works as an insurance agent for Simplicity Life and Alpha Solutions Management, spending a few hours per week on these activities.

Employment History
Current Registrations
LPL Financial LLC
November 2009 - Present · 16 yrs 11 mos
LPL Financial LLC
November 2009 - Present · 16 yrs 11 mos
LPL Financial LLCBroker
November 2009 - Present · 16 yrs 11 mos
Previous Registrations
Howard Financial Services, LTD.
August 2008 - November 2009 · 1 yr 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
March 2005 - May 2008 · 3 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
March 2005 - May 2008 · 3 yrs 2 mos
Bosc, INC.Broker
March 2000 - March 2005 · 5 yrs
American Express Financial Advisors INC.Broker
August 1983 - March 1991 · 7 yrs 7 mos
Ids Financial Services INC.Broker
August 1983 - December 1986 · 3 yrs 4 mos
State Registrations13 states
AZCOCTGALAMINCNVNYPRSCTNTX
AdvisorBrokerBoth

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
No exam information available for this advisor.
More Advisors
More financial advisors in Mckinney, TX →All financial advisors in Texas →