TrueAdvisor
TrueAdvisor
MS
MS

Mark Strangis

LPL Financial LLC
52 Years of Experience
Edina, MN
2 DisclosuresBroker
View SEC Summary
View SEC Summary

Mark Strangis is a registered investment advisor at LPL Financial LLC, based in Edina, MN, with 52 years of industry experience. Mark 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

Edina, MN

Get directions

History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
October 1994
Award / Judgment
Customer Dispute
July 1994
Award / Judgment
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Mark operates under the DBA Strangis Wealth Management since 2007.

Employment History
Current Registrations
LPL Financial LLC
January 2014 - Present · 12 yrs 9 mos
LPL Financial LLCBroker
September 2007 - Present · 19 yrs 1 mo
Previous Registrations
Raymond James Financial Services, INC.Broker
March 2003 - September 2007 · 4 yrs 6 mos
Miller Johnson Steichen Kinnard, INC.Broker
January 2001 - March 2003 · 2 yrs 2 mos
Miller, Johnson & Kuehn, IncorporatedBroker
March 2000 - January 2001 · 10 mos
Lifeusa Securities, INC.Broker
December 1999 - February 2000 · 2 mos
R.J. Steichen & CompanyBroker
January 1995 - November 1999 · 4 yrs 10 mos
Westonka Investments, INC.Broker
February 1994 - January 1995 · 11 mos
R.J. Steichen & CompanyBroker
November 1992 - February 1994 · 1 yr 3 mos
Westonka Investments, INC.Broker
November 1988 - November 1992 · 4 yrs
Oberweis Securities, INC.Broker
August 1988 - December 1988 · 4 mos
R.J. Steichen & CompanyBroker
August 1988 - August 1988 · 0 mos
Oberweis Securities, INC.Broker
February 1988 - August 1988 · 6 mos
Engler-Budd & Company INC.Broker
June 1987 - February 1988 · 8 mos
Hayne, Miller, Swearingen & Glore, INC.Broker
April 1986 - July 1987 · 1 yr 3 mos
First Preferred Investment CorporationBroker
October 1985 - May 1986 · 7 mos
Engler and Budd CompanyBroker
March 1985 - October 1985 · 7 mos
Drexel Burnham Lambert IncorporatedBroker
December 1984 - February 1985 · 2 mos
Engler and Budd CompanyBroker
November 1982 - November 1984 · 2 yrs
Alstead, Strangis and Dempsey IncorporatedBroker
November 1978 - August 1982 · 3 yrs 9 mos
Engler and Budd CompanyBroker
July 1976 - December 1978 · 2 yrs 5 mos
Midwest Discount Securities, INC.Broker
October 1974 - September 1976 · 1 yr 11 mos
Reuben Alstead and Associates INCBroker
December 1973 - October 1974 · 10 mos
State Registrations4 states
IAILMNOH
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.
More Advisors
More financial advisors in Edina, MN →All financial advisors in Minnesota →