DS
DS

Donald Sakamoto

37 Years of Experience
Des Plaines, IL
BrokerSells Insurance

Donald Sakamoto is a registered investment advisor at LPL Financial LLC, based in Des Plaines, IL, with 37 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.

Loading...

Location

2340 S River Road, Suite 108, Des Plaines, IL, 60018

Get directions

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.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Donald is involved with Level Four Insurance Services, LLC, offering various insurance products, dedicating about a quarter of his time. He is also the owner of CMDS Insurance Brokerage, spending a few hours per week on this activity.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 4 yrs 11 mos
LPL Financial LLCBroker
May 2014 - Present · 12 yrs 2 mos
Previous Registrations
Level Four Advisory Services
May 2014 - August 2021 · 7 yrs 3 mos
New England Securities Corporation
April 2004 - May 2014 · 10 yrs 1 mo
New England SecuritiesBroker
February 2004 - May 2014 · 10 yrs 3 mos
Lincoln Financial Advisors Corporation
June 1998 - February 2004 · 5 yrs 8 mos
Lincoln Financial Advisors CorporationBroker
March 1994 - February 2004 · 9 yrs 11 mos
The Lincoln National Life Insurance CompanyBroker
March 1994 - February 2004 · 9 yrs 11 mos
Pruco Securities CorporationBroker
January 1989 - March 1994 · 5 yrs 2 mos
The Prudential Insurance Company of AmericaBroker
January 1989 - December 1993 · 4 yrs 11 mos
State Registrations6 states
COFLGAILNCNV
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.
Donald Sakamoto - Financial Advisor | TrueAdvisor