Mike Spencer is a registered investment advisor at LPL Financial LLC, based in El Dorado, KS, 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
117 South Main Street, El Dorado, KS, 67042
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Mike operates under Spencer Investment Group and SW Advisers, both DBAs for his LPL business. He also co-owns real estate rental properties and is an Investment Advisor Representative (IAR) with IHT Wealth Management LLC, dedicating full-time hours during securities trading.
Employment History
Current Registrations
LPL Financial LLC
Iht Wealth Management LLC
LPL Financial LLCBroker
Previous Registrations
Nvision Wealth Group, LLC
Independent Financial Partners
LPL Financial LLC
State Registrations19 states
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