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CFP

Mark Brakel

LPL Financial LLC
33 Years of Experience
Bismarck, ND
Broker
View SEC Summary
View SEC Summary

Mark Brakel is a CFP-designated registered investment advisor at LPL Financial LLC, based in Bismarck, ND, with 33 years of industry experience. Mark 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.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

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
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Bismarck, ND

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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 Activities

Mark operates under the DBA Frandsen Investment Services for his LPL business. This activity is investment-related and takes up a full-time commitment.

Employment History
Current Registrations
LPL Financial LLC
April 2018 - Present · 8 yrs 6 mos
LPL Financial LLCBroker
April 2018 - Present · 8 yrs 6 mos
Previous Registrations
Investment Centers of America, INC.
November 2004 - January 2018 · 13 yrs 2 mos
Investment Centers of America, INC.Broker
November 2004 - January 2018 · 13 yrs 2 mos
Primevest Financial Services, INC.
December 2001 - November 2004 · 2 yrs 11 mos
Primevest Financial Services, INC.Broker
September 1996 - November 2004 · 8 yrs 2 mos
Fortis Investors, INC.Broker
March 1993 - September 1996 · 3 yrs 6 mos
Offerman & CompanyBroker
January 1993 - February 1993 · 1 mo
Fortis Investors, INC.Broker
December 1992 - January 1993 · 1 mo
State Registrations35 states
AKALARAZCACOFLGAIAILINKSKYLAMIMNMOMSMTNCNDNENMNVNYOHOKPASCSDTXVAWAWIWY
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.
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