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Michael Rogers

LPL Financial LLC
36 Years of Experience
Wayzata, MN
BrokerSells Insurance
View SEC Summary
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Michael Rogers is a registered investment advisor at LPL Financial LLC, based in Wayzata, MN, with 36 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.

LPL Financial LLC
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

849 Lake Street East, Wayzata, MN, 55391

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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 affiliated with 360 Financial as an RIA and DBA. He also sells non-variable insurance, dedicates minimal time to Live with Purpose LLC, receives non-variable insurance trails from Mutual of Omaha, and is involved with Rapacki + Co. for tax preparation and accounting.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
360 Financial
August 2013 - Present · 13 yrs 2 mos
LPL Financial LLC
August 2013 - Present · 13 yrs 2 mos
LPL Financial LLCBroker
August 2013 - Present · 13 yrs 2 mos
Previous Registrations
Commonwealth Financial NetworkBroker
October 1995 - August 2013 · 17 yrs 10 mos
Dean Witter Reynolds INC.Broker
January 1993 - November 1995 · 2 yrs 10 mos
Painewebber IncorporatedBroker
November 1989 - January 1993 · 3 yrs 2 mos
State Registrations25 states
ARAZCACOCTFLHIIAILLAMAMIMNMTNCNDNMNVNYOHSCTNTXWAWI
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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