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Cynthia Newman

LPL Financial LLC
41 Years of Experience
Los Angeles, CA
1 DisclosureBroker
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Cynthia Newman is a registered investment advisor at LPL Financial LLC, based in Los Angeles, CA, with 41 years of industry experience. Cynthia is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28129 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Los Angeles, CA

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2001
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Cynthia operates her LPL business under the DBA Gladstone Wealth Partners. She also runs Cynthia Newman Consulting, an executive coaching business, dedicating about 10-20% of her time to it. Additionally, Cynthia provides investment advisory services through Gladstone Institutional Advisory, LLC, spending nearly full-time hours on this activity.

Employment History
Current Registrations
LPL Financial LLCBroker
February 2023 - Present · 3 yrs 8 mos
Gladstone Wealth Partners
November 2022 - Present · 3 yrs 11 mos
Previous Registrations
LPL Financial LLC
November 2022 - November 2022 · 0 mos
Morgan StanleyBroker
June 2009 - November 2020 · 11 yrs 5 mos
Morgan Stanley
June 2009 - November 2020 · 11 yrs 5 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley
November 2004 - April 2007 · 2 yrs 5 mos
Morgan Stanley Dw INC.Broker
November 2004 - April 2007 · 2 yrs 5 mos
UBS Financial Services INC.
July 1997 - December 2004 · 7 yrs 5 mos
UBS Financial Services INC.Broker
April 1995 - December 2004 · 9 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 1989 - March 1995 · 5 yrs 10 mos
Drexel Burnham Lambert IncorporatedBroker
June 1983 - June 1989 · 6 yrs
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 1982 - April 1983 · 5 mos
State Registrations2 states
CANV
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.
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