DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Stephen Andrew Braatz

LPL Financial LLCBD affiliatedOakdale, Mndual registrantIAPD 5531928

Feed of 09/14/2026

Also filed as Stephen A Braatz

At current firm

0 y

since Aug 18, 2026

In the industry

18 y

since Jul 18, 2008 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S66

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

LPL Financial LLC BD affiliated current
since Aug 18, 2026 · Oakdale, Mn
RBC Capital Markets, LLC national BD
Oct 2, 2018 to Aug 26, 2026 · St. Paul, Mn
Wells Fargo Advisors wirehouse
Jan 3, 2011 to Oct 4, 2018 · Hopkins, Mn
Wells Fargo Investments, LLC unclassified
Jul 20, 2010 to Jan 3, 2011 · Hopkins, Mn
Morgan Stanley wirehouse
Feb 22, 2010 to Aug 13, 2010 · Minneapolis, Mn

Moves

a registration end followed by a registration begin elsewhere

RBC Capital Markets, LLC to LPL Financial LLC
left Aug 26, 2026, registered Aug 18, 2026 (-8 days) · Affiliated broker-dealer or bank to another · moved with a team
Wells Fargo Advisors to RBC Capital Markets, LLC
left Oct 4, 2018, registered Oct 2, 2018 (-2 days) · Wirehouse to affiliated broker-dealer or bank
Wells Fargo Investments, LLC to Wells Fargo Advisors
left Jan 3, 2011, registered Jan 3, 2011 (0 days) · corporate re-registration, not a move
Morgan Stanley to Wells Fargo Investments, LLC
left Aug 13, 2010, registered Jul 20, 2010 (-24 days) · Other

Signals

Stephen Andrew Braatz left Rbc Capital Markets, Llc for Lpl Financial Llc (registered 2026-08-18)
Aug 26, 2026 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Broker-dealer affiliated wealth managerderived
Years in industry: 18derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address