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David Milbrath

Advisor at LPL Financial

Updated today

Location

Springfield, MN 56087

Credentials

CFP®, Series 63, Series 65

Industry experience

34 years

About

David Milbrath is a CFP® professional with 34 years of industry experience, currently affiliated with LPL Financial since 2017. He has been involved with Prairie Plans Asset Management since 1991 and previously worked at Investment Centers Of America, Inc. from 1991 to 2017. Outside of his advisory work, he owns agricultural businesses including cattle feeding operations and a quarry, and holds roles in insurance agencies. LPL Financial provides advisory and brokerage services to a diverse client base, including individual investors, retirement plans, institutions, and high-net-worth households. The firm offers a variety of investment solutions supported by an in-house research team and a large network of investment adviser representatives.

Client services

Based on LPL Financial

Financial planning Portfolio management Educational seminars or workshops
Consulting and other non-discretionary advisory services

Expertise

Based on LPL Financial

Wealth management Retirement plans for business owners (SEP, solo 401k) College savings (529s, UTMA, etc.) Tax-loss harvesting

Occupation focus

Based on LPL Financial

Founder/Business Owner Retired

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Fee options

Fixed

Financial planning and consulting services may be charged a flat fee as negotiated.

Commissions

Brokerage services include commissions, markups, markdowns, and transaction charges; commissions may apply to mutual funds, variable annuities, and other products.

Project-based

Financial planning hourly fees up to $500 per hour.

Other

Fee-only: Financial planning fees typically range up to $15,000, or up to $500 per hour; fees are negotiated and may be flat or hourly.

Location

101 N Marshall Ave

Springfield, MN 56087

Most active in

Minnesota · Texas

Work history

LPL Financial

2017 - Present (9 years)

Prairie Plans Asset Management

1991 - Present (35 years)

Investment Centers Of America, Inc.

1991 - 2017 (26 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Jordan Milbrath is a financial advisor at LPL Financial with 12 years of industry experience. He holds the Series 66 designation and has worked at LPL Financial since 2017, following two years at Investment Centers of America, Inc. Outside of his advisory role, Milbrath serves as a volunteer firefighter in Springfield, MN. LPL Financial provides advisory and brokerage services to a diverse client base, including individual investors, retirement plan sponsors, institutions, and high-net-worth households. The firm offers a wide range of investment solutions supported by in-house research and a large network of investment adviser representatives.

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Eli S

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John M

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Wealth management Retirement plans for business owners (SEP, solo 401k) College savings (529s, UTMA, etc.) Tax-loss harvesting Founder/Business Owner Retired
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