MD
MD

Michael Draper

36 Years of Experience
Canton, OH
1 DisclosureBroker

Michael Draper is a registered investment advisor at LPL Financial LLC, based in Canton, OH, with 36 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

4571 Stephen Cir NW, Ste 130, Canton, OH, 44718

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History

Regulatory History (1)
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
May 1998
Denied
Employment History
Current Registrations
LPL Financial LLC
May 2024 - Present · 2 yrs
LPL Financial LLCBroker
May 2024 - Present · 2 yrs
Previous Registrations
Lincoln Financial Securities CorporationBroker
April 2016 - May 2024 · 8 yrs 1 mo
Lincoln Financial Securities Corporation
April 2016 - May 2024 · 8 yrs 1 mo
Eagle Strategies LLC
November 2014 - April 2016 · 1 yr 5 mos
Nylife Securities LLCBroker
January 2014 - April 2016 · 2 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
January 2001 - December 2012 · 11 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 1999 - December 2012 · 13 yrs 5 mos
Edward D. Jones & CO., L.P.Broker
May 1995 - July 1999 · 4 yrs 2 mos
Marketing One Securities, INC.Broker
May 1990 - May 1995 · 5 yrs
Pruco Securities CorporationBroker
February 1988 - May 1990 · 2 yrs 3 mos
The Prudential Insurance Company of AmericaBroker
February 1988 - May 1990 · 2 yrs 3 mos
State Registrations5 states
FLNCOHSCVA
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.