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Steven Hyman

40 Years of Experience
Deerfield, IL
BrokerSells Insurance

Steven Hyman is a registered investment advisor at LPL Financial LLC, based in Deerfield, IL, with 40 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

570 Lake Cook Rd Ste 101, Deerfield, IL, 60015

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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

Steven is involved in tax preparation, accounting, and CPA services through Steven L. Hyman and Associates, Ltd., and uses Equitrust Financial Group, Ltd. as a DBA for his LPL business. He also sells non-variable insurance through Steven L. Hyman and Associates, Ltd., dedicating minimal time to this, and works as a notary.

Employment History
Current Registrations
LPL Financial LLC
June 2020 - Present · 5 yrs 11 mos
LPL Financial LLCBroker
June 2020 - Present · 5 yrs 11 mos
Previous Registrations
Equitrust Financial Group, LTD.
November 1997 - December 2020 · 23 yrs 1 mo
Securities America, INC.Broker
July 1991 - June 2020 · 28 yrs 11 mos
Chubb Securities CorporationBroker
December 1986 - July 1991 · 4 yrs 7 mos
Oak Brook Securities CORP.Broker
July 1986 - December 1986 · 5 mos
Drexel Burnham Lambert IncorporatedBroker
December 1983 - March 1985 · 1 yr 3 mos
State Registrations31 states
AKALARAZCACODCFLGAIAIDILINLAMAMDMEMIMNNCNMNVNYOHSCTNTXVAVirgin IslandsWAWI
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.
Steven Hyman - Financial Advisor | TrueAdvisor