Derek Butler
Derek Butler is a registered investment advisor at LPL Financial LLC, based in Valencia, CA, with 23 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
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.