Kevin Truax
Kevin Truax is a registered investment advisor at LPL Financial LLC, based in Parkersburg, IA, with 26 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
240 3rd Street, Parkersburg, IA, 50665-7730
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Kevin is involved in several outside business activities. These include non-variable insurance sales, operating under Aspen Financial Services, owning and training horses, owning farmland for rental income, and a business entity for tax/investment purposes. The horse training and tax entity each take about a quarter of Kevin's time, while the farmland takes minimal time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Wachovia Securities, INC.
Wachovia Securities, INC.Broker
UBS Painewebber INC.Broker
State Registrations23 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.