Robert Bayer
Robert Bayer is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Lakeville, MN, with 24 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
17850 Kenwood Trail Suite 221, Lakeville, MN, 55044-7033
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Regulatory History (1)
Customer Dispute
July 2011Other Business ActivitiesSells Insurance
Robert provides fixed life insurance solutions, including long-term care, UL, IUL, disability insurance, and fixed annuities, through Stonebrooke Wealth Management, dedicating about 10-20% of his time to this. He also operates Stonebrooke Wealth Management and Exit Planning In as a DBA for his LPL business, spending significantly more than full-time hours on this activity.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Thrivent Investment Management INC.
Thrivent Investment Management INC.
Thrivent Investment Management INC.Broker
State Registrations10 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.