Michael Balakirsky MBA is the LPL Branch manager, independent Wealth Manager and financial Planner in Columbia, Maryland. Our job is to take anxiety out of your life thru holistic financial planning, wealth management, independent financial advice. Michael Balakirsky's extensive experience in the US financial industry, as well as major emerging markets is vital to uncover opportunities in the increasingly global economy. We will give you the world of strategies and help you achieve your dreams.
We will help with retirement planning, fee based asset management through LPL Financial, investment planning, holistic financial planning, estate planning, wealth management, wealth protection, retirement planning.
You worked very hard. It's finally time to stop worrying and find a clear path towards your financial independence and stability.
Contact our Columbia, Maryland office for NO-OBLIGATION FREE Consultation. You can Do IT and we can Help.
General Information |
| Firm Start Year: | 1924 | |
| Name of Broker/Dealer: | LPL Financial |
| States Licensed in: | MD, DC, FL, VA, TX.CT, MA,ME,DE |
| Number of Years with Current Firm: | 17 |
| Work with the following types of clients: | Investment Clubs, Businesses, Individual Investors, Non-Profit Organizations |
| Foreign Languages Serviced: | Russian, Ukrainian,Croatian,Bosnian,Serbian |
| Advisory Services Provided: | Investment Advice & Management, Financial Advice & Consulting, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Businesses, Tax Advice and Services, Financial Planning for Individuals |
Services |
| Investment Types: | Options & Futures, Mutual Funds, Bonds, Alternative Investments, Exchange Traded Funds (ETFs), Mortgages & Real Estate, Insurance, Annuities, Stocks, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Your Office, Our Office, Your Home |
Qualifications & Memberships |
| Insurance and Annuity Licenses: | Variable Life, Long Term Care, Variable Annuity, Life, Health, Annuity, Disability |
| Financial Organization Memberships: | Million Dollar Roundtable |
Compensation and Fees |
| Fee Structure: | Fee-Based |
| Minimum Portfolio Size for New Managed Accounts: | $50,000 |
| Compensation Methods: | Flat Fee, Hourly, Based on Assets |
| Fee % Based on Assets: | 0.9%+ |
| Hourly Rate: | negotiable |
Education |
| MBA - Finance | Loyola 02/02/1999-05/10/203 |
Financial Services |
| Financial Planning for Businesses
Small Business advice is our specialty .Special services for small businesses- special tax efficient retirement accounts, Insurance strategies, employee retention tools, |
| Financial Planning for Individuals
Full Service Financial Planning fro State , Federal Employees, Small business Owners and Individuals close to Retirement Age |
| Financial Advice & Consulting
Comprehensive financial advice to analyze all parts of your investment portfolio, old and present 401k, 403(b) , 457 , Traditional and Roth IRA account. We will assist helping you to optimize your portfolio, decrease costs and fees, improve investment performance, tax planning, estate planning on Fee Only Basis |
| Portfolio Management
Comprehensive financial advice to analyze all parts of your investment portfolio, old and present 401k, 403(b) , 457 , Traditional and Roth IRA account. We will assist helping you to optimize your portfolio, decrease costs and fees, improve investment performance. |
| Retirement Planning
Our team will assist with holistic retirement and financial planning to help you achieve your goals, working towards stable and enjoyable retirement and financial stability. We cover debt management, cash flow, tax planning and estate planning as a part of financial and retirement plan. We act as fiduciary, while assisting our advisory clients. |
| 401K Rollovers
Assisting you to consolidate your 401k, TSP, IRA and Roth IRA accounts, help to maximize tax planning and ,potentially, tax free excess to your retirement accounts (rules and limitations apply). |
| Insurance Planning
TErm and Whole lIfe Policies, Variable Life Insurance, Index Life Insurance, Second to Die Life Insurance, ILIT, |
| Annuities
Access to Nearly All Annuity Products on Market-VUL, Idex and Fixed Annuities, SPIA, Immediate ANnuities, Income for Life, Guaranteed Income |
| Estate Planning & Trusts
Comprehensive Estate Planning, Trusts, Gifting, Special Needs Trust, Probate and retirement plans distributions for Beneficiaries |
| Education Funding and Planning
529 Education Accounts, Coverdell and oteh rstartagies to help you save and meet Education needs, while maximizing tax advantages. |
| Wealth Management
Money is not a goal but a tool to achieve your Dreams. Our Wealth Management team will assist with strategies to make your money working for You and Your family. Sophisticated strategies to meet your needs and global and fast changing economy. |
| Risk Management
is here to help you manage your investment portfolio. In addition to optimizing your portfolio, we can help reduce the fees you pay to investment managers. |
| Money Management
cash flow, distributions, RMD , assistance with Retirement Income Planning |
FAQs |
Do you have a customer satisfaction or refund policy?We do provide refund policy on financial planning |
Why should I choose you as my financial advisor?Michael Balakirsky is investor and business owner with an extensive experience in the US as well in Emerging markets, including BRIC counties. Michael Balakirsky is uniquely positioned to help clients benefit from increasing globalization, world economic changes and opportunities with his experience , combined with 2 MBAs in finance and economics/management. |
What are your qualifications? What is your education background?I strongly believe that money is not a goal but a tool to help achieve happiness and satisfaction in life. Our comprehensive financial planning is focused on helping you to uncover what is important for you. Our planning and solutions should help you achieve your goals and satisfaction from your resources with less anxiety and more life satisfaction. You can do it, and we can help. |
How do you charge for your services?Financial Planning, asset management, family and business protection, estate planning, fee based wealth management. |
How are you compensated? How will I pay for your services?We accept limited number of clients every year. |
Disclosures |
|
WiserAdvisor provides referrals to financial professionals of LPL Financial, LLC (LPL). WiserAdvisor is not a current client of LPL for brokerage or advisory services. Financial professionals of LPL pay WiserAdvisor cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. LPL ADV 2A https://www.lpl.com/content/dam/lpl-www/documents/disclosures/A58.pdf Additional Detailed Disclosures |
Registered Representative:
Yes
Investment Advisor Representative:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
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