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Mark Magajne

29 Years of Experience
Chicago, IL
BrokerSells Insurance

Mark Magajne is a registered investment advisor at LPL Financial LLC, based in Chicago, IL, with 29 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

420 W. Grand Ave, Suite 1B, Chicago, IL, 60654

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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 ActivitiesSells Insurance

Mark sells non-variable insurance through Leaders Partners, dedicating minimal time to this activity. He also uses Primorc Financial Inc. for accounting purposes and owns rental real estate properties.

Employment History
Current Registrations
LPL Financial LLC
April 2007 - Present · 19 yrs 1 mo
LPL Financial LLCBroker
May 2005 - Present · 21 yrs
LPL Financial LLC
May 2005 - Present · 21 yrs
Previous Registrations
Jefferson Pilot Securities CorporationBroker
October 1999 - May 2005 · 5 yrs 7 mos
First Investors CorporationBroker
January 1997 - August 1999 · 2 yrs 7 mos
State Registrations26 states
AZCACOCTFLGAILINMAMDMIMOMSNCNMNVNYOHORSCSDTNTXUTVAWI
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.
Mark Magajne - Financial Advisor | TrueAdvisor