Pratik Shah
Pratik Shah is a registered investment advisor at LPL Enterprise, LLC, based in Farmington Hills, MI, with 35 years of industry experience. Pratik is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.35% |
Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.
Fee Estimator
Location
23332 Orchard Lake Rd, Suite A, Farmington Hills, MI, 48336
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2017Customer Dispute
August 2009Other Business ActivitiesSells Insurance
Pratik is involved with several non-profit organizations and owns rental real estate. He also sells and services individual and group health insurance through various companies, and services old annuity contracts, dedicating minimal time to each activity.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
The Prudential Insurance Company of AmericaBroker
State Registrations39 states
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
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