Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
The OMP program has an annualized account fee, negotiable up to a maximum of 2.50% of assets, charged quarterly in advance. LPL also assesses a $5 transaction charge on each purchase and sale, but this is waived if an eligible contribution was made in the previous 365 days. Clients also pay other miscellaneous administrative or custodial-related fees. There are also fees charged by the Optimum Funds themselves. If the account is closed within the first six months, LPL and LPLE reserve the right to retain the pre-paid quarterly Account Fee.
Areas of Practice
Advisor Information
Office location
652 Bielenberg Drive, Ste 201, Woodbury, MN, 55125
Get directionsRegulatory 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
Charles is affiliated with Hallet Financial, selling non-variable insurance products, including annuities, long-term care, disability, and life insurance, dedicating about 10-20% of his time. He also works full-time with Two Rivers Wealth Management and Great Valley Advisor Group, Inc., and coaches 7th grade basketball for the School District of Prescott, WI, spending about 10-20% of his time.