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CFP
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CFP

Michael Marks

LPL Financial LLC
31 Years of Experience
Houston, TX
1 DisclosureBroker
View SEC Summary
View SEC Summary

Michael Marks is a CFP-designated registered investment advisor at LPL Financial LLC, based in Houston, TX, with 31 years of industry experience. Michael 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
—
View Full SEC Brochure

Location

20333 State Hwy 249, Ste 200, #266, Houston, TX, 77070

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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.
Customer Dispute
August 2022
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Michael operates under the DBA Alliant Retirement and Investment Services for his LPL business. This activity is investment-related and conducted at the reported business location.

Employment History
Current Registrations
LPL Financial LLC
November 2024 - Present · 1 yr 11 mos
LPL Financial LLCBroker
November 2024 - Present · 1 yr 11 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
February 2015 - November 2024 · 9 yrs 9 mos
J.P. Morgan Securities LLC
February 2015 - November 2024 · 9 yrs 9 mos
Hancock Investment Services, INC.Broker
January 2012 - February 2015 · 3 yrs 1 mo
Hancock Investment Services, INC.
January 2012 - February 2015 · 3 yrs 1 mo
LPL Financial LLC
May 2005 - January 2012 · 6 yrs 8 mos
LPL Financial LLCBroker
May 2005 - January 2012 · 6 yrs 8 mos
CUNA Brokerage Services, INC.Broker
May 2002 - May 2005 · 3 yrs
CUNA Brokerage Services, INC.
May 2002 - May 2005 · 3 yrs
Wells Fargo Brokerage Services, L.L.C.Broker
May 2001 - May 2002 · 1 yr
Wells Fargo Investments, LLCBroker
April 2001 - May 2002 · 1 yr 1 mo
Compass Brokerage, INC.Broker
December 2000 - April 2001 · 4 mos
Bank United Securities CORP.Broker
March 2000 - December 2000 · 9 mos
Bisys Brokerage Services, INC.Broker
February 1997 - March 2000 · 3 yrs 1 mo
Olde Discount CorporationBroker
June 1996 - January 1997 · 7 mos
Wma Securities, INC.Broker
January 1996 - December 1996 · 11 mos
Pruco Securities CorporationBroker
February 1995 - June 1995 · 4 mos
Sunamerica Securities, INC.Broker
July 1994 - December 1994 · 5 mos
State Registrations11 states
CAFLILMEMONCNJNMNYTXWI
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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