KH
ChFC
KH
ChFC

Karen Hammond

42 Years of Experience
Falls Church, VA
BrokerSells Insurance

Karen Hammond is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Falls Church, VA, with 42 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

2841 Hartland Rd, Suite 406, Falls Church, VA, 22043

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Karen operates her LPL business and an insurance agency through The Hammond Agency, dedicating nearly full-time hours to these activities. She also owns rental properties and works as an author, requiring minimal time commitments.

Employment History
Current Registrations
LPL Financial LLC
February 2024 - Present · 2 yrs 3 mos
LPL Financial LLC
February 2024 - Present · 2 yrs 3 mos
LPL Financial LLCBroker
February 2024 - Present · 2 yrs 3 mos
Previous Registrations
Cetera Investment Advisers LLC
June 2023 - March 2024 · 9 mos
Cetera Advisor Networks LLCBroker
June 2021 - March 2024 · 2 yrs 9 mos
Cetera Advisor Networks LLC
June 2021 - June 2023 · 2 yrs
Voya Financial Advisors, INC.
February 2017 - June 2021 · 4 yrs 4 mos
Voya Financial Advisors, INC.Broker
January 2004 - June 2021 · 17 yrs 5 mos
Locust Street Securities, INC.Broker
April 2002 - January 2004 · 1 yr 9 mos
The Advisors Group, INC.Broker
February 1998 - April 2002 · 4 yrs 2 mos
MML Investors Services, INC.Broker
March 1996 - February 1998 · 1 yr 11 mos
G. R. Phelps & CO., INC.Broker
July 1990 - March 1996 · 5 yrs 8 mos
G. R. Phelps & CO., INC.Broker
August 1983 - December 1989 · 6 yrs 4 mos
State Registrations20 states
AZCADCFLGAILINMDMIMONCNJNMPARISCTXVAWAWV
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.