Larry Johnson
Larry Johnson is a CFP-designated registered investment advisor at Ausdal Financial Partners, INC., based in St. Charles, IL, with 43 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 10,402 clients with $2.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ausdal Financial Partners offers several investment management programs. Fees vary depending on the program and custodian.
Advisor Managed Account (AMP): Fees are negotiated with your advisor, with a maximum annual fee of 3%. Wrap accounts include all transaction costs, while non-wrap accounts charge separately for advisory services and transactions.
Third Party Managed Accounts (SMA/UMA): Fees consist of an Investment Advisor Representative Fee, a Platform Fee (0.11% to 0.28%), and a Manager Fee (0% to 0.80%).
Retirement Plan Advisory Program: Maximum annual fee of 3%. Fees can be a fixed percentage or tiered based on account assets.
Held Away Accounts (Pontera): Maximum advisory fee of 1.5% of account assets. Fees must be deducted from an alternate advisory account or billed directly to the client.
Location
St. Charles, IL
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
January 2015Other Business ActivitiesSells Insurance
Larry is involved in numerous business ventures, including pallet recycling, farming, fitness clubs, and a vodka company, dedicating minimal time to each except for Klutch Spirits (about a few hours per week) and Ausdal Financial Partners (about 10-20% of his time). He also sells various insurance products, dedicating minimal time to this activity.
Employment History
Current Registrations
Ausdal Financial Partners, INC.
Ausdal Financial Partners, INC.Broker
Previous Registrations
LPL Financial LLCBroker
LPL Financial LLC
Waterstone Financial Group, INC.
Sterling Financial Advisory Services, INC.
Heritage Capital Management INC
Sterling Portfolio Allocation Service INC
Waterstone Financial Group, INC.Broker
American Capital Financial Services, INC.Broker
State Registrations11 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.