Michael Wochnick is a registered investment advisor at LPL Financial LLC, based in Little Falls, 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
309 1st Street NE, Ste 102, Little Falls, MN, 56345
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael operates Wochnick Financial Services as a DBA for his LPL business, dedicating full-time hours to it. He also owns Wochnick Enterprise LLC and Lake Property, both real estate rental businesses, and Wochnick Tax Services LLC, dedicating minimal time to each.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Focus Financial
Osaic Wealth, INC.Broker
Woodbury Financial Services, INC.Broker
State Registrations25 states
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