MP
MP

Michael Pak

27 Years of Experience
Mckinney, TX
1 DisclosureBroker

Michael Pak is a registered investment advisor at LPL Financial LLC, based in Mckinney, TX, 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
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

6375 Eldorado Parkway, Mckinney, TX, 75070

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2009
Settled
Employment History
Current Registrations
LPL Financial LLC
May 2025 - Present · 1 yr 4 mos
LPL Financial LLCBroker
May 2025 - Present · 1 yr 4 mos
Previous Registrations
Cuso Financial Services, L.P.
April 2024 - May 2025 · 1 yr 1 mo
Cuso Financial Services, L.P.Broker
April 2024 - May 2025 · 1 yr 1 mo
Park Avenue Securities LLC
November 2021 - April 2024 · 2 yrs 5 mos
Park Avenue Securities LLCBroker
November 2021 - April 2024 · 2 yrs 5 mos
Wedbush Securities INC.Broker
November 2014 - December 2021 · 7 yrs 1 mo
Wedbush Securities INC.
November 2014 - December 2021 · 7 yrs 1 mo
Ameriprise Financial Services, INC.
October 2009 - December 2014 · 5 yrs 2 mos
Ameriprise Financial Services, INC.Broker
October 2009 - December 2014 · 5 yrs 2 mos
Ameriprise Advisor Services, INC.
July 2009 - October 2009 · 3 mos
Ameriprise Advisor Services, INC.Broker
February 2009 - October 2009 · 8 mos
Banc of America Investment Services, INC.
February 2004 - March 2009 · 5 yrs 1 mo
Banc of America Investment Services, INC.Broker
February 2004 - March 2009 · 5 yrs 1 mo
Proequities, INC.Broker
April 2003 - March 2004 · 11 mos
Spectrum Strategies, LLC
February 2003 - March 2003 · 1 mo
MML Investors Services, INC.
October 2002 - March 2003 · 5 mos
MML Investors Services, INC.Broker
October 2000 - March 2003 · 2 yrs 5 mos
Banc of America Investment Services, INC.Broker
November 1998 - August 2000 · 1 yr 9 mos
State Registrations31 states
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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.
Michael Pak - Financial Advisor | TrueAdvisor