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Nickalas Butler

18 Years of Experience
Topeka, KS
BrokerSells Insurance

Nickalas Butler is a registered investment advisor at LPL Financial LLC, based in Topeka, KS, with 18 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.

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Location

1100 SW Wanamaker Rd, Ste 9, Topeka, KS, 66604-3805

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Nickalas has several outside business activities, including W-2 employment at Smith Baseball Academy, Butler Fishing LLC, Lakeshore Financial LLC (DBA for LPL business), Midwest Lawns LLC, and advisor roles with Crump, Associates of Clifton Park, and Sentinel Security Life. Several of these roles involve non-variable insurance products.

Employment History
Current Registrations
LPL Financial LLC
July 2021 - Present · 5 yrs
LPL Financial LLCBroker
July 2021 - Present · 5 yrs
Previous Registrations
Waddell & Reed
June 2008 - July 2021 · 13 yrs 1 mo
Waddell & ReedBroker
May 2008 - July 2021 · 13 yrs 2 mos
Metlife Securities INC.Broker
July 2007 - December 2007 · 5 mos
Ameriprise Financial Services, INC.Broker
June 2007 - June 2007 · 0 mos
State Registrations23 states
ARAZCACOFLIAKSMDMEMNMOMTNCNDNENMNVOKRISCTXWAWI
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.
Nickalas Butler - Financial Advisor | TrueAdvisor