Michael Mcdonald is a registered investment advisor at LPL Financial LLC, based in Saint Paul, MN, 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
372 Saint Peter St, Saint Paul, MN, 55102
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael works as an associate/employee at Bremer Bank, servicing existing clients and bringing on new ones, and at Bremer Investments, performing day-to-day functions of a Financial Advisor. Both activities take about half of Michael's time each.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
U.S. Bancorp Investments, INC.
U.S. Bancorp Investments, INC.Broker
Thrivent Investment Management INC.
Thrivent Investment Management INC.Broker
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.