Pratik Bhavsar
Pratik Bhavsar is a registered investment advisor at LPL Financial LLC, based in Annapolis, MD, with 5 years of industry experience. Pratik is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.
Fee Estimator
Location
67 West St, Annapolis, MD, 21401
Get directionsHistory
Regulatory History (2)
Judgment / Lien
June 2026Regulatory
March 2022Other Business Activities
Pratik is a notary since 2017. He also operates under two DBAs for his LPL business: M&T Financial Services since 2023, and Wilmington Advisors @ M&T since 2023, dedicating about a quarter of his time to the latter.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Northwestern Mutual Investment Services, LLCBroker
State Registrations5 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.
Exams
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