Laurence Walker
Laurence Walker is a registered investment advisor at Commonwealth Financial Network, based in Monterey, CA, with 44 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
1062 Cass Street, Suite 200, Monterey, CA, 93940
Get directionsHistory
Regulatory History (3)
Customer Dispute
June 2016Customer Dispute
December 2002Customer Dispute
October 1998Other Business ActivitiesSells Insurance
Laurence sells fixed insurance, co-owns rental property, and co-owns two private entities (Walker-Deering, LLC and Monterey Custom Wealth Management, LLC) established to facilitate securities, advisory, and insurance business. The insurance sales take minimal time, while the two LLCs each take a full-time commitment.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
UBS Financial Services INC.Broker
UBS Financial Services INC.
Morgan Stanley Smith BarneyBroker
Morgan Stanley Smith Barney LLC
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Wells Fargo Securities INC.Broker
A. G. Edwards & Sons, INC.Broker
Dean Witter Reynolds INC.Broker
E. F. Hutton & Company INCBroker
Dean Witter Reynolds INC.Broker
State Registrations12 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.