Michael Erpenbach
Michael Erpenbach is a CFP-designated registered investment advisor at LPL Financial LLC, based in Lake Elmo, MN, with 27 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
8530 Eagle Point Blvd Ste 250, Lake Elmo, MN, 55042
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Regulatory History (1)
Customer Dispute
April 2015Other Business Activities
Michael operates Cedar Ridge Wealth Management Group, LTD as a DBA for his LPL business, dedicating about a quarter of his time. He also owns Education Resource Partners Inc., spending minimal time on this investment-related activity.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Waddell & Reed
Waddell & ReedBroker
State Registrations9 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.