Stephen Koorey is a registered investment advisor at LPL Financial LLC, based in Millersville, MD, with 31 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
231 Najoles Rd, Millersville, MD, 21108
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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 Activities
Stephen operates under two DBAs for his LPL business: Tower Federal Credit Union and Tower Wealth Management. These activities are investment-related.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
LPL Financial LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Mutual of Omaha Investor Services, INC.
Mutual of Omaha Investor Services, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Infinex Investments, INC.
Infinex Investments, INC.Broker
PNC Investments
PNC InvestmentsBroker
Suntrust Investment Services, INC.Broker
Bb&t Investment Services, INC.Broker
Citicorp Investment ServicesBroker
Riggs Investment CORP.Broker
Ferris, Baker Watts IncorporatedBroker
Derand/pennington/bass, INC.Broker
State Registrations3 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.