DM
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Duayne Madl

49 Years of Experience
Shawnee, KS
BrokerSells Insurance

Duayne Madl is a registered investment advisor at Independent Financial Group, LLC, based in Shawnee, KS, with 49 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 44,045 clients with $11B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
538 advisors
Number of Clients
44,045 clients
Average Client Portfolio
$257K average
Assets Under Management
$11.3B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)

IFG offers investment management through various programs, including AccessPoint, Custom Asset Management, and Third Party Asset Managers. Fees are based on a percentage of the value of your account and are negotiable. Transaction charges may also apply. The maximum advisory fee is 3.00% per year. IFG and its IARs may receive additional compensation from product sponsors, which creates a conflict of interest.

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Location

10820 Shawnee Mission Parkway, Suite 202, Shawnee, KS, 66203

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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

Duayne is the 100% owner of The MADL Company, a DBA used for marketing purposes, and also works as an insurance agent offering various types of insurance products. He also owns pasture/hay renting and is a real estate investor, dedicating minimal time to these activities, while The MADL Company and insurance activities take nearly full-time.

Employment History
Current Registrations
Independent Financial Group, LLC
January 2021 - Present · 5 yrs 4 mos
Independent Financial Group, LLCBroker
September 2012 - Present · 13 yrs 8 mos
Previous Registrations
Independent Financial Group, LLC
March 2014 - November 2017 · 3 yrs 8 mos
Main Street Advisors, LLC
September 2012 - May 2022 · 9 yrs 8 mos
Cambridge Investment Research Advisors, INC.
January 2010 - October 2012 · 2 yrs 9 mos
Cambridge Investment Research, INC.Broker
January 2010 - October 2012 · 2 yrs 9 mos
Financial Network Investment Corporation
July 2004 - December 2009 · 5 yrs 5 mos
Financial Network Investment CorporationBroker
December 2003 - December 2009 · 6 yrs
Multi-Financial Securities Corporation
March 2002 - December 2003 · 1 yr 9 mos
Multi-Financial Securities CorporationBroker
January 2002 - December 2003 · 1 yr 11 mos
NFP Securities, INC.Broker
November 1997 - December 2001 · 4 yrs 1 mo
Fortis Investors, INC.Broker
December 1992 - November 1997 · 4 yrs 11 mos
Linsco/private Ledger CORP.Broker
September 1991 - December 1992 · 1 yr 3 mos
Philadelphia Life Asset Planning CompanyBroker
January 1990 - September 1991 · 1 yr 8 mos
American United Life Insurance CompanyBroker
June 1989 - October 1991 · 2 yrs 4 mos
Aul Equity Sales CORP.Broker
June 1989 - August 1989 · 2 mos
Philadelphia Life Asset Planning CompanyBroker
September 1981 - July 1989 · 7 yrs 10 mos
Connecticut Mutual Financial Services, INC.Broker
February 1977 - July 1989 · 12 yrs 5 mos
State Registrations12 states
AZFLIAKSLAMIMNMONCNETXWI
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.
Duayne Madl - Financial Advisor | TrueAdvisor