Melissa Proffitt is a registered investment advisor at LPL Financial LLC, based in Baxter Springs, KS, with 26 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
127 E 10th Street, Baxter Springs, KS, 66713
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Melissa owns Pro-Fitt Garage, where she leads live workouts, dedicating about 10% of her time. She also operates Horizon Capital Advisors as a DBA for her LPL business, spending nearly all of her time on this. Finally, Melissa has a business entity, Proffitt Financial Management, for tax/investment purposes, requiring minimal time.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Securities America, INC.Broker
Securities America Advisors, INC.
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Commerce Brokerage Services, INC
Commerce Brokerage Services, INC.Broker
State Registrations6 states
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.