TrueAdvisor
TrueAdvisor
BB
ChFC
BB
ChFC

Brooks Black

LPL Enterprise, LLC
26 Years of Experience
Bay City, MI
1 DisclosureBroker
View SEC Summary
View SEC Summary

Brooks Black is a ChFC-designated registered investment advisor at LPL Enterprise, LLC, based in Bay City, MI, with 26 years of industry experience. Brooks is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.

LPL Enterprise, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3138 advisors
Number of Clients
102,563 clients
Average Client Portfolio
$243K average
Assets Under Management
$24.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.35%

Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

612 Adams St, Bay City, MI, 48708

Get directions

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.
Criminal
March 1992
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Brooks owns Holiday Apartments LLC, a real estate rental property, since 2013. He spends about a quarter of his time on general landlord duties and about 10-20% of his time on trading activities related to the property.

Employment History
Current Registrations
LPL Enterprise, LLC
November 2024 - Present · 1 yr 11 mos
LPL Enterprise, LLCBroker
November 2024 - Present · 1 yr 11 mos
Previous Registrations
Prudential Financial Planning Services
March 2019 - November 2024 · 5 yrs 8 mos
Pruco Securities, LLC.Broker
March 2019 - November 2024 · 5 yrs 8 mos
MML Investors Services, LLC
March 2017 - February 2019 · 1 yr 11 mos
MML Investors Services, LLCBroker
March 2017 - February 2019 · 1 yr 11 mos
Msi Financial Services, INC.
August 2010 - March 2017 · 6 yrs 7 mos
Msi Financial Services, INC.Broker
August 2005 - March 2017 · 11 yrs 7 mos
Metropolitan Life Insurance CompanyBroker
August 2005 - July 2007 · 1 yr 11 mos
Thrivent Investment Management INC.Broker
October 2002 - December 2004 · 2 yrs 2 mos
Hantz Financial Services, INC.Broker
October 1999 - October 2002 · 3 yrs
State Registrations4 states
CAMDMITX
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.
More Advisors
More financial advisors in Bay City, MI →All financial advisors in Michigan →