Wayne Trahms
Wayne Trahms is a registered investment advisor at LPL Financial LLC, based in Rochester, MN, with 52 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
1530 Greenview Drive, Southwest Suite 103, Rochester, MN, 55902
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2022Other Business ActivitiesSells Insurance
Wayne is involved in several business activities, including farming through multiple LLCs and insurance sales. He dedicates full-time hours to both his LPL business and non-variable insurance sales, and minimal time to the farming activities.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
Packerland Brokerage Services, INC.
Packerland Brokerage Services, INC.
Packerland Brokerage Services, INC.Broker
Packerland Brokerage Services, INC.
Multi-Financial Securities CorporationBroker
Royal Alliance Associates, INC.Broker
Planned Investments INC.Broker
Ifg Network Securities, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
Ids Financial Services INC.Broker
State Registrations8 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.