Michael Balakirsky
Michael Balakirsky is a registered investment advisor at LPL Financial LLC, based in Columbia, MD, with 22 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.
Fee Estimator
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 LLCBroker
LPL Financial LLC
LPL Financial LLC
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.
Exams
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