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Douglas Labar

42 Years of Experience
Marquette, MI
BrokerSells Insurance

Douglas Labar is a registered investment advisor at Commonwealth Financial Network, based in Marquette, MI, with 42 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3079 advisors
Number of Clients
399,450 clients
Average Client Portfolio
$525K average
Assets Under Management
$209.7B

Fee Structure

Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.

Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.

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Location

307 S. Front Street, #107, Marquette, MI, 49855

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Douglas is involved in fixed insurance sales through Northstar Investment Management. He is also the president of Labar Manor LLC and co-owner of Northstar Independent Investment DBA Northstar Investment Management.

Employment History
Current Registrations
Commonwealth Financial Network
June 2015 - Present · 10 yrs 11 mos
Commonwealth Financial NetworkBroker
June 2015 - Present · 10 yrs 11 mos
Previous Registrations
LPL Financial LLC
August 2010 - June 2015 · 4 yrs 10 mos
LPL Financial LLCBroker
October 2003 - June 2015 · 11 yrs 8 mos
Citigroup Global Markets INC.Broker
July 1993 - October 2003 · 10 yrs 3 mos
Lehman Brothers INC.Broker
February 1988 - July 1993 · 5 yrs 5 mos
E. F. Hutton & Company INCBroker
May 1983 - February 1988 · 4 yrs 9 mos
State Registrations20 states
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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.
Douglas Labar - Financial Advisor | TrueAdvisor