Michael Trnka
Michael Trnka is a registered investment advisor at LPL Financial LLC, based in Waite Park, MN, with 25 years of industry experience. Michael 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
110 2nd St. S, Suite 304, Waite Park, MN, 56387
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2014Other Business Activities
Michael is involved with Trnka Financial LLC, a business entity for tax and investment purposes. This activity takes nearly full-time hours each month, with a significant portion during trading hours.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
Focus Financial
Osaic Wealth, INC.Broker
LPL Financial LLC
LPL Financial LLCBroker
Raymond James Financial Services, INC.Broker
Invest Financial Corporation
Invest Financial CorporationBroker
Invest Financial Corporation
Invest Financial CorporationBroker
State Registrations6 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.