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Michael Mracna

31 Years of Experience
Lutz, FL
1 DisclosureBrokerSells Insurance

Michael Mracna is a registered investment advisor at Lincoln Investment, based in Lutz, FL, with 31 years of industry experience. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 137,534 clients with $19B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
974 advisors
Number of Clients
137,534 clients
Average Client Portfolio
$137K average
Assets Under Management
$18.9B

Fee Structure

Lincoln Investment offers investment management through financial advisors, charging a percentage of your portfolio's value. The maximum annual fee is 1.25%. In addition to the advisor fee, some accounts on the Lincoln Signature Solutions platform pay a platform fee, ranging from 0.02% to 0.24% depending on the account type and assets. Fees are negotiable with your advisor.

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Location

16241 N. Florida Ave, Lutz, FL, 33549

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
October 2000
Final
Other Business ActivitiesSells Insurance

Michael is the president of Rainman Sprinklers Corp, an irrigation company, and spends minimal time on this role. He also owns Total Financial Solution, where he sells fixed annuities and life insurance, dedicating about 10-20% of his time.

Employment History
Current Registrations
Lincoln Investment
June 2010 - Present · 15 yrs 11 mos
Lincoln InvestmentBroker
April 2008 - Present · 18 yrs 1 mo
Previous Registrations
Veritrust Financial, LLCBroker
April 2002 - April 2008 · 6 yrs
Aragon Financial Services, INC.Broker
July 1994 - April 2002 · 7 yrs 9 mos
State Registrations17 states
CAFLGAINKYLAMDNCNHNJNVPASCTNTXVAWV
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.