Yakov Baylis
Yakov Baylis is a registered investment advisor at LPL Enterprise, LLC, based in Northbrook, IL, with 19 years of industry experience. Yakov operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
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Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
425 Huehl Road, Suite 16B, Northbrook, IL, 60062
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Regulatory History (1)
Customer Dispute
March 2018Other Business ActivitiesSells Insurance
Yakov offers Medicare supplements and dental coverage to existing clients who request it, dedicating minimal time to each. He is also the Condo Board Vice President for Estes and Washtenaw Condo Association and a financial planner for Liberty Mutual.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Signator Investors, INC.Broker
State Registrations20 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.