Joel Drake
Joel Drake is a registered investment advisor at LPL Financial LLC, based in Des Moines, IA, with 34 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
2940 Ingersoll Ave Ste 100, Des Moines, IA, 50312
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Regulatory History (1)
Customer Dispute
November 2016Other Business ActivitiesSells Insurance
Joel provides investment advisory services through WCG Wealth Advisors, LLC, dedicating full-time hours to this activity. He also engages in non-variable insurance activities and notarizes client documents, spending a few hours per week on each.
Employment History
Current Registrations
LPL Financial LLC
The Wealth Consulting Group
LPL Financial LLCBroker
Previous Registrations
Diversified Financial Advisory Group, INC.
Fsc Securities Corporation
Fsc Securities CorporationBroker
MML Investors Services, INC.
MML Investors Services, INC.Broker
State Registrations17 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.