COMPANY BACKGROUND

Michalek Brothers aligned with LPL in 2002 so we could serve a broad array of investors – both individuals and institutions – with investment portfolios ranging in assets from hundreds of thousands to millions of dollars.

Michalek Brothers offer financial strategies suited to each client’s need. We offer fee based accounts which align the interests of both the client and the consultant.

LPL Financial, the nation’s largest independent broker-dealer*, provides Michalek Brothers and their clients an efficient, self-clearing trading system and an extensive platform including a wide variety of investment managers.

LPL does not own any proprietary investment products.

The LPL Financial SIPC Membership provides account protection up to a
maximum of $500,000 per customer, of which $250,000 may be claims for cash.
An explanatory brochure is available at www.sipc.org.
Additionally, through London Insurers, LPL Financial accounts have additional
securities protection to cover the net equity of customer accounts up to an overall
aggregate firm limit of $575,000,000 subject to conditions and limitations.
The account protection applies when an SIPC member firm fails financially and is
unable to meet obligations to securities clients, but it does not protect against
losses from the rise and fall in the market value of investments.

 

CONSULTING SERVICES FOR ADVISORY ACCOUNTS

Michalek Brothers provides a repeatable process with a written investment policy statement.

  • Formulate a client’s risk/return profile
  • Analyze prospective or current client portfolio
  • Determine client’s objectives
  • Provides approved investment policy statements (IPS)
  • Perform hypothetical asset allocation analysis
  • Construct new portfolio tailored to client guidelines
  • Monitor portfolio for adherence to IPS rules
  • Reallocate and re-balance as needed*

*Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction cost and does not assure a profit or protect against loss.

TECHNOLOGY

Michalek Brothers’ technology utilizes some of the leading vendors of financial management solutions to provide clients integrated services.

  • Historical Performance Based Asset Allocations
  • Risk & Style Analytics
  • Quantitative & Qualitative Manager Profiles
  • Portfolio and Index Comparisons
  • Portfolio Universe Rankings
  • Quarterly Performance Reporting

FEE-BASED ADVISORY ACCOUNT

The fee based account program offered through LPL Financial provides clients a traditional style advisory account, without the accompanying trading costs. In this type of account, a client can hold stocks, bonds, indices, unit investment trusts, and mutual funds. Clients can also access their account balances through Michalek Brothers web site.

MANAGED ACCOUNTS

Michalek Brothers offers access to a universe of over eighty investment managers through LPL’s Manager Select Program.

LPL’s eight due diligence analysts perform on-going, objective and rigorous research on all investment managers to offer suitable choices to our clients. Various portfolios offered through this program represent all investment styles and together with an asset allocation study can offer a suitable portfolio mix based on a client’s risk tolerance and goals.

PORTFOLIO STYLES

  • Balanced
  • Convertible
  • Active Equity
  • Passive Equity
  • Global Equity
  • International Equity
  • Active Fixed Income
  • Passive Fixed Income
  • Tax-Exempt Fixed Income
  • Alternative Investments
  • Real Estate

*As reported in Financial Planning Magazine, 1996-2017, based on total revenue.