Michael Paikos
Michael Paikos is a registered investment advisor at LPL Financial LLC, based in Rapid City, SD, with 25 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
200 Main St, Rapid City, SD, 57701
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Regulatory History (1)
Customer Dispute
March 2006Other Business Activities
Michael co-owns Wayne Stanley Properties, a real estate rental business, dedicating minimal time. He also operates Black Hills Investment Services as a DBA for his LPL business, committing full-time hours. Additionally, Michael works as an Investment Program Manager at Black Hills Federal CU, spending about 10-20% of his time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Invest Financial Corporation
Invest Financial CorporationBroker
Financial Network Investment Corporation
Financial Network Investment CorporationBroker
Charles Schwab & CO., INC.Broker
State Registrations28 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.