Michael Walschot
Michael Walschot is a registered investment advisor at LPL Financial LLC, based in Naperville, IL, with 14 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
608 S Washington St, Ste 304, Naperville, IL, 60540
Get directionsHistory
Regulatory History (1)
Financial
April 2018Other Business ActivitiesSells Insurance
Michael operates under American Capital Management as a DBA for his LPL business since 2013. He also provides investment advisory services through Total Clarity Wealth Management, dedicating nearly full-time hours to this activity, and runs American Capital Tax Preparation and Accounting, spending about 10-20% of his time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Total Clarity Wealth Management, INC
Previous Registrations
Cetera Advisor Networks LLCBroker
State Registrations19 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.