Douglas Malan
Douglas Malan is a registered investment advisor at LPL Financial LLC, based in Salem, IL, with 22 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
1445 W Whittaker St Ste A, Salem, IL, 62881
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2006Other Business ActivitiesSells Insurance
Douglas operates under the DBA Mid America Financial Resources for his LPL business, dedicating a few hours per week. He is also an insurance agent with Malan Financial Group, selling fixed insurance products and spending about a quarter of his time on this activity.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
American General Securities IncorporatedBroker
State Registrations9 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.