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MD
CFP
MD
CFP

Michael Diers

LPL Financial LLC
41 Years of Experience
Coralville, IA
BrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Diers is a CFP-designated registered investment advisor at LPL Financial LLC, based in Coralville, IA, with 41 years of industry experience. Michael 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

2771 Oakdale Blvd Ste 1, Coralville, IA, 52241

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Michael operates HJR Financial Group as a DBA for his LPL business since 2020. He also has ownership in several real estate rental LLCs and spends minimal time on non-variable insurance products.

Employment History
Current Registrations
LPL Financial LLC
March 2021 - Present · 5 yrs 7 mos
LPL Financial LLCBroker
March 2021 - Present · 5 yrs 7 mos
Previous Registrations
Ameritas Advisory Services
January 2011 - March 2021 · 10 yrs 2 mos
Ameritas Investment Company, LLCBroker
December 2005 - March 2021 · 15 yrs 3 mos
Wells Fargo Investments, LLCBroker
November 2002 - June 2005 · 2 yrs 7 mos
CUNA Brokerage Services, INC.Broker
October 1993 - November 2002 · 9 yrs 1 mo
Century Investors of America, INC.Broker
May 1984 - October 1993 · 9 yrs 5 mos
State Registrations16 states
ARAZCACOFLIAILINKSMNMOOHTNTXVAWI
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.
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