Billy Shank
Billy Shank is a registered investment advisor at LPL Financial LLC, based in Cascade, 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
Cascade, MD
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Regulatory History (1)
Customer Dispute
February 2017Other Business ActivitiesSells Insurance
Billy is involved with Covered Bridges Financial Strategies, LLC, selling non-variable insurance, dedicating minimal time. He also uses Covered Bridges Financial Strategies, LLC as a DBA for his LPL business, which takes nearly full-time hours.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Grove Point Advisors, LLC
H. Beck, INC.
Grove Point Investments, LLCBroker
H. Beck, INC.
Morgan Stanley Dw INC.Broker
State Registrations17 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.