Francis Zimmermann
Francis Zimmermann is a registered investment advisor at LPL Enterprise, LLC, based in St. Louis, MO, with 42 years of industry experience. Francis operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
12148 Lackland Road, St. Louis, MO, 63146
Get directionsHistory
Regulatory History (4)
Customer Dispute
February 2013Customer Dispute
April 2009Customer Dispute
September 2005Customer Dispute
August 2002Other Business ActivitiesSells Insurance
Francis sells and services group life and health insurance products for multiple companies, including The Hartford, Aetna, United Health Care, and Anthem Blue Cross and Blue Shield. This takes about 10-20% of his time.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
State Registrations4 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.