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CFP
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CFP

Scott Mckay

LPL Financial LLC
25 Years of Experience
Dallas, TX
BrokerSells Insurance
View SEC Summary
View SEC Summary

Scott Mckay is a CFP-designated registered investment advisor at LPL Financial LLC, based in Dallas, TX, with 25 years of industry experience. Scott 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.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

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

Location

10501 N Central Expy 3rd Floor, Dallas, TX, 75231

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Scott operates under the DBA 4 Points Planning for his LPL business. He also sells non-variable insurance, dedicating about 10-20% of his time to this activity.

Employment History
Current Registrations
LPL Financial LLC
August 2019 - Present · 7 yrs 2 mos
LPL Financial LLCBroker
August 2019 - Present · 7 yrs 2 mos
Previous Registrations
Securities America, INC.Broker
January 2015 - August 2019 · 4 yrs 7 mos
Securities America Advisors, INC.
January 2015 - August 2019 · 4 yrs 7 mos
Brokers International Financial Services, LLC.Broker
March 2012 - January 2015 · 2 yrs 10 mos
Brokers Financial
March 2012 - January 2015 · 2 yrs 10 mos
LPL Financial LLCBroker
September 2009 - March 2012 · 2 yrs 6 mos
LPL Financial LLC
September 2009 - March 2012 · 2 yrs 6 mos
Associated Planners Investment Advisory INC
December 2008 - October 2009 · 10 mos
Associated Securities CORP.Broker
December 2008 - September 2009 · 9 mos
Associated Securities CORP.
December 2008 - September 2009 · 9 mos
The Retirement Group, LLC
December 2008 - March 2009 · 3 mos
Ssn Advisory, INC.
September 2008 - December 2008 · 3 mos
The Retirement Group
October 2006 - December 2008 · 2 yrs 2 mos
Securities Service Network, INC.Broker
July 2006 - December 2008 · 2 yrs 5 mos
Fsc Securities CorporationBroker
December 2005 - July 2006 · 7 mos
Financial Network Investment CorporationBroker
January 2003 - November 2005 · 2 yrs 10 mos
Princor Financial Services CorporationBroker
June 2002 - February 2003 · 8 mos
Fidelity Brokerage Services LLCBroker
May 2001 - June 2002 · 1 yr 1 mo
State Registrations15 states
ALCACOILKSMIMNMONCOHOKORPATXWA
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.
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