Derek Butler
Derek Butler is a registered investment advisor at LPL Financial LLC, based in Valencia, CA, with 23 years of industry experience. Derek is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.
Fee Estimator
Location
28494 Westinghouse Pl Ste 316, 4th Fl, Valencia, CA, 91355
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
April 2010Customer Dispute
October 2009Other Business ActivitiesSells Insurance
Derek acts as a fiduciary for the Derek Butler Family Trust and co-owns rental real estate. He is also an agent for AFLAC and Equitable, selling non-variable insurance, and operates Bamboo Financial Partners as a DBA for his LPL business, dedicating minimal time to each activity.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Waddell & Reed
Waddell & ReedBroker
Avantax Advisory Services
Avantax Investment Services, INC.Broker
Allstate Financial Services, LLCBroker
Esi Financial Advisors
Equity Services, INC.Broker
Morgan Stanley
Morgan Stanley Dw INC.Broker
State Registrations12 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.
Exams
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