Michael Bindas
Michael Bindas is a registered investment advisor at LPL Financial LLC, based in Grand Forks, ND, with 40 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.
Location
1697 South 42nd St, Grand Forks, ND, 58201
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Regulatory History (1)
Customer Dispute
November 2009Other Business ActivitiesSells Insurance
Michael is involved in several business entities, including DBAs for LPL business, real estate partnerships, and entities for tax/investment purposes. He also serves as a council member for the City of Oxbow, dedicating a few hours per week to this role.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Ica Group Wealth Management, LLC
Investment Centers of America, INC.
Investment Centers of America, INC.Broker
Securities America Advisors, INC.
Securities America, INC.Broker
Investment Centers of America, INC.
Investment Centers of America, INC.
Investment Centers of America, INC.Broker
Lm Financial Partners, INC.
Lm Financial Partners, INC.Broker
C.R.I. Securities, INC.Broker
Ascend Financial Services, INC.Broker
Equico Securities, INC.Broker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations17 states
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.