Michael Balakirsky
Michael Balakirsky is a registered investment advisor at LPL Financial LLC, based in Columbia, MD, with 21 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
10015 Old Columbia Rd B-215, Columbia, MD, 21046
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2008Other Business Activities
Michael operates Sophos Financial and Financial Advocacy Network as DBAs for his LPL business, dedicating most of his time to Sophos Financial. He also invests in and manages multiple real estate rental properties through various entities, requiring minimal time commitment for each.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations12 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.