Michael Billings is a CFA-designated registered investment advisor at LPL Financial LLC, based in Boise, ID, 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
401 W Front St Ste 400, Boise, ID, 83702
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael operates Headwaters Wealth Management, LLC as a DBA for his LPL business since 2014. He is also the sole owner of Grant Street LLC, a business entity for tax/investment purposes, also since 2014, and spends nearly full-time on these activities.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Wells Fargo Advisors
Wells Fargo Advisors Financial Network, LLCBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Mcdonald Investments INC.
Mcdonald Investments INC.Broker
State Registrations28 states
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