Joel Erikson
Joel Erikson is a registered investment advisor at LPL Enterprise, LLC, based in St. Louis Park, MN, with 28 years of industry experience. Joel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
600 S Highway 169, Suite 1000, St. Louis Park, MN, 55426-0134
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Regulatory History (4)
Financial
October 2023Financial
April 2020Financial
April 2018Financial
February 2017Other Business Activities
Joel works as an in-store influencer, on-site event staff, and brand ambassador for Midwest Promotional Models. This involves engaging with consumers on beverage or food products and takes a few hours per week.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Pruco Securities, LLC.Broker
Prudential Financial Planning Services
U.S. Bancorp Investments, INC.
U.S. Bancorp Investments, INC.Broker
Northland Asset Management
Northland Securities, INC.Broker
Usallianz Securities, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations15 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.