MP
CFP
MP
CFP

Michael Parker

41 Years of Experience
Sikeston, MO
BrokerSells Insurance

Michael Parker is a CFP-designated registered investment advisor at LPL Financial LLC, based in Sikeston, MO, 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.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28129 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
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Location

124 E Center Street, Sikeston, MO, 63801-4108

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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 is involved with outside sales of non-variable insurance products since 2004.

Employment History
Current Registrations
LPL Financial LLCBroker
December 2004 - Present · 21 yrs 10 mos
LPL Financial LLC
December 2004 - Present · 21 yrs 10 mos
Previous Registrations
The Lincoln National Life Insurance CompanyBroker
August 2002 - December 2004 · 2 yrs 4 mos
Lincoln Financial Advisors Corporation
August 2002 - December 2004 · 2 yrs 4 mos
Lincoln Financial Advisors CorporationBroker
August 2002 - December 2004 · 2 yrs 4 mos
Eagle Strategies CORP
November 1997 - September 2002 · 4 yrs 10 mos
Nylife Securities INC.Broker
July 1985 - August 2002 · 17 yrs 1 mo
State Registrations19 states
ALARCACOFLGAILINKSKYLAMOMSNJNVNYSDTNTX
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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