Michael Olesen is a registered investment advisor at LPL Financial LLC, based in Geneva, IL, with 39 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
117 North Third St, Geneva, IL, 60134
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is involved in several business activities, including real estate rental, Geneva Investment Group (DBA for LPL business), Restaurant Management Services, I Do Enterprises Inc, and Stockholm's Vardshus Inc. He also provides investment advisory services through Advantage Investment Management, LLC, dedicating a few hours per week to this activity.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Private Advisor Group, LLC
Advantage Investment Management, LLC
National Planning CorporationBroker
Walnut Street Securities, INC.Broker
Aegon USA Securities INC.Broker
Geneva Securities,inc.Broker
State Registrations10 states
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