Robert Schermerhorn
Robert Schermerhorn is a CFP-designated registered investment advisor at LPL Financial LLC, based in Saratoga Springs, NY, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
18 Division Street, Ste 305, Saratoga Springs, NY, 12866
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Robert operates Saratoga Financial Services LLC, a DBA for his LPL business, since 2012, and spends full-time on insurance sales. He also engages in real estate rental through RMS Realty Group Ventures LLC, dedicating minimal time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Nathan & Lewis Securities, INC.Broker
First Investors CorporationBroker
State Registrations26 states
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