MA
MA

Michael Alexander

35 Years of Experience
West Des Moines, IA
BrokerSells Insurance

Michael Alexander is a registered investment advisor at LPL Financial LLC, based in West Des Moines, IA, with 35 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

2700 Westown Pkwy Ste 250, West Des Moines, IA, 50266

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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 doing business as Alexander Investment Services, Inc. since 1996, which is related to his LPL business. He also has a non-variable insurance affiliation with Target Insurance Services since 1996.

Employment History
Current Registrations
LPL Financial LLCBroker
March 2019 - Present · 7 yrs 4 mos
LPL Financial LLC
March 2019 - Present · 7 yrs 4 mos
Previous Registrations
Summit Financial Group INC
September 2016 - March 2019 · 2 yrs 6 mos
Summit Brokerage Services, INC.Broker
September 2016 - March 2019 · 2 yrs 6 mos
Vsr Advisory Services
February 2003 - September 2016 · 13 yrs 7 mos
The Masters, INC.
January 1999 - February 2003 · 4 yrs 1 mo
Vsr Financial Services, INC.Broker
January 1994 - September 2016 · 22 yrs 8 mos
American Express Financial Advisors INC.Broker
October 1990 - January 1994 · 3 yrs 3 mos
Ids Life Insurance CompanyBroker
October 1990 - January 1994 · 3 yrs 3 mos
State Registrations14 states
AZCACOFLIAILKSMNMOMSNCNEOKTN
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.