MR
MR

Michael Rainbolt

19 Years of Experience
Edmond, OK
1 DisclosureBrokerSells Insurance

Michael Rainbolt is a registered investment advisor at LPL Financial LLC, based in Edmond, OK, with 19 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

Loading...

Location

2908 Via Esperanza, Edmond, OK, 73013

Get directions

History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2020
Settled
Other Business ActivitiesSells Insurance

Michael is involved in several business activities, including DBAs for his LPL business, real estate rentals, and business entities for tax/investment purposes. He also engages in non-variable insurance activities through Pickett Group and CWA Brokerage.

Employment History
Current Registrations
LPL Financial LLC
February 2020 - Present · 6 yrs 3 mos
LPL Financial LLCBroker
February 2020 - Present · 6 yrs 3 mos
Previous Registrations
Edward Jones
January 2007 - February 2020 · 13 yrs 1 mo
Edward JonesBroker
September 2006 - February 2020 · 13 yrs 5 mos
State Registrations30 states
ALARAZCACOFLGAIDILINKSKYMAMIMNMONCNJNMNYOHOKORSCTNTXUTVAWAWI
AdvisorBrokerBoth

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
No exam information available for this advisor.
Michael Rainbolt - Financial Advisor | TrueAdvisor