MB
CFP
MB
CFP

Mark Brakel

32 Years of Experience
Bismarck, ND
Broker

Mark Brakel is a CFP-designated registered investment advisor at LPL Financial LLC, based in Bismarck, ND, with 32 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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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 1 mo
LPL Financial LLCBroker
April 2018 - Present · 8 yrs 1 mo
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.