Joseph Monkelien
Joseph Monkelien is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Sioux Falls, SD, with 9 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
3500 S 1st Ave Circle Ste 101, Sioux Falls, SD, 57105
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Joseph operates under the DBAs HMK Financial Services and Mercury Wealth Partners for his LPL business. He also owns Joseph Monkelien LLC for non-variable insurance and JOSEPH D. MONKELIEN LLC for tax/investment purposes, and is a notary public, dedicating minimal time to this.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Kms Financial Services, INC
Kms Financial Services, INC.Broker
Sii Investments, INC.
Sii Investments, INC.Broker
State Registrations13 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.