Joel Drake
Joel Drake is a registered investment advisor at LPL Financial LLC, based in Des Moines, IA, with 35 years of industry experience. Joel 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
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
Location
2940 Ingersoll Ave Ste 100, Des Moines, IA, 50312
Get directionsHistory
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 Registrations19 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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