KC
Kenneth M. Cafourek
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CRD#: 37963
KC
Professional summary
Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.
That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.
Kenneth M Cafourek, who also goes by Kenneth Milo Cafourek, was a registered financial professional .
Kenneth is a previously registered financial professional and started their career in finance in 1970. Kenneth had worked at 5 firms and has passed the Series 65, Series 63, Series 7TO, SIE, Series 3 and Series 1 exams.
Question & Answer
Are you a "fiduciary"?
No
Aliases
Kenneth Milo Cafourek
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1. 08/08/2011 - FARM LAND - OTHER - OWNER - TIME SPENT 1% 2. 08/08/2011 - CAFOUREK & ASSOCIATES - NON-VARIABLE INSURANCE - OWNER - TIME SPENT 20% - ALBERT LEA, MN 3. 11/05/2012 - WILSON STREET LLC - REAL ESTATE RENTAL - OWNER OF OFFICE BLDG RENTED TO CAFOUREK & ASSOCIATES, INC AN INSURANCE AGENCY OWNED 75 % BY ME AND 25% BY MY SON. - TIME SPENT 1% - 709 WILSON STREET, ALBERT LEA MN, 56007 4. 12/11/2013 - PRIVATE ADVISOR GROUP, LLC -REGISTERED INVESTMENT ADVISOR - (HYBRID) PRIVATE ADVISOR GROUP, LLC - I CHARGE A WRAP FEE FOR ADVISORY ACCOUNTS. I ALSO CHARGE A FLAT FIXED RATE FOR ADVICE OR HOURLY RATE FOR SERVICES. - TIME SPENT 20% - ALBERT LEA, MN 5. 01/29/2014 - CAFOUREK & ASSOCIATES, INC - PROPERTY AND CASUALTY INSURANCE SALES - I AM 75%OWNER OF A PROPERTY AND LIABILITY AGENCY. I SPEND ABOUT 15% OF MY TIME IN SALES OF PROPERTY AND LIABILITY INSURANCE ALONG IF LIFE AND HEALTH POLICIES ALONG WITH MANAGING THE COMPANY. HIRING AND FIRING OF EMPLOYEES. - TIME SPENT 15% - ALBERT LEA, MN 6. 6/30/2017 - Cafourek Financial Services - Investment Related - At Reported Business Location(s) - DBA for LPL Business (entity for LPL business) - Start Date: 07/01/2017 - 160 Hours Per Month/7 Hours During Securities Trading. 7. 8/31/2017 - Private Advisor Group LLC - DBA: (Hybrid) Cafourek Financial Services - Investment Related - At Reported Business Location(s) - Registered Investment Advisor DBA - Start Dae: 06/01/2017 - 120 Hours Per Month/80 Hours During Securities Trading - I provide investment advisory services through Private Advisor Group, LLC., an independent investment advisor firm. I started this business activity on 8/28/2017. I expect to spend approximately 120 hours/month on this activity. Please see the advisory firm's Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial.
CRS (Client Relationship Summary)
The CRS(Customer Relationship Summary) document is not provided.
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Past
April 1, 2021 - December 31, 2022
LPL FINANCIAL LLC
RIA
CRD#: 6413
ALBERT LEA, MN
Past
November 16, 2012 - October 8, 2021
PRIVATE ADVISOR GROUP, LLC
RIA
CRD#: 155216
ALBERT LEA, MN
Past
January 3, 2012 - December 31, 2022
LPL FINANCIAL LLC
BD
CRD#: 6413
ALBERT LEA, MN
Past
October 20, 2010 - July 15, 2011
ASKAR ADVISORS GROUP, INC.
RIA
CRD#: 119330
ALBERT LEA, MN
Past
October 19, 1984 - December 31, 2011
ASKAR CORP.
BD
CRD#: 7512
ALBERT LEA, MN
Past
December 18, 1970 - May 21, 1984
MILWAUKEE EQUITY SERVICES, INC.
BD
CRD#: 2794
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
LPL FINANCIAL LLC
LINSCO/PRIVATE LEDGER CORP. | WADDELL & REED INVESTMENTS | WADDELL & REED FINANCIAL ADVISORS | WADDELL & REED | PRIVATE LEDGER FINANCIAL SERVICES, INCORPORATED | LPL FINANCIAL LLC | LPL FINANCIAL CORPORATION | LPL FINANCIAL | LPL
CRD#: 6413 / SEC#: 801-10970, 8-17668
RIA
Registered Investment Advisory firm - SEC (8/25/1975 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta district office)
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
Visual representation of state registrations
This advisor is not registered in any state.
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 1/2/2023
General Securities Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
RR
Series 1
Date: 12/10/1970
Registered Representative ExaminationCurrent Firm
LPL FINANCIAL LLC
LINSCO/PRIVATE LEDGER CORP. | WADDELL & REED INVESTMENTS | WADDELL & REED FINANCIAL ADVISORS | WADDELL & REED | PRIVATE LEDGER FINANCIAL SERVICES, INCORPORATED | LPL FINANCIAL LLC | LPL FINANCIAL CORPORATION | LPL FINANCIAL | LPL
CRD#: 6413 / SEC#: 801-10970, 8-17668
RIA
Registered Investment Advisory firm - SEC (8/25/1975 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta district office)
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Contact information
Main Address
1055 Lpl Way, Fort Mill, SC 29715
Mailing Address
1055 Lpl Way, Fort Mill, SC 29715
Phone number
(704) 733-3300
Established
California since 11/15/2010
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Large
# of Employees
37,893
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Part 2 Brochures
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| LPL HOLDINGS, INC. | MANAGING MEMBER | |
| AUDETTE, MATTHEW JON | PRESIDENT AND CHIEF FINANCIAL OFFICER | 4003349 |
| ENYEDI, MATTHEW KLAUS | MANAGING DIRECTOR, NATIONAL SALES | 4194266 |
| GATES, GREGORY | MANAGING DIRECTOR, CHIEF INFORMATION OFFICER | 7069201 |
| JAMBUSARIA, ANERI | MANAGING DIRECTOR LPL SERVICES GROUP | 7248335 |
| MALFITANO, STEVEN THOMAS | SVP, FINANCE CAPITAL MANAGEMENT AND PRINCIPAL FINANCIAL OFFICER | 3178848 |
| MCHALE, JAMES | EXECUTIVE VICE PRESIDENT, CHIEF COMPLIANCE OFFICER | 6052977 |
| RICKETTS, JUDITH KOHOSKIE | EXECUTIVE VICE PRESIDENT, OPERATIONS AND PRINCIPAL OPERATIONS OFFICER | 2758924 |
| SIMONICH, BRENT BLAIN | EXECUTIVE VICE PRESIDENT, CHIEF RISK OFFICER | 3254859 |
| STEINMEIER, RICHARD C | CHIEF EXECUTIVE OFFICER AND DIRECTOR | 5109512 |
Regulatory assets under management
| Total Number of Accounts | 2,369,378 |
| AUM (Assets Under Management) | $ 618,922,975,737 |
Disclosures
| Regulatory Event | 208 |
| Arbitration | 58 |
| Bond | 4 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 06/25/2025 | ||
| 07/19/2024 | ||
| 11/09/2023 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
