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Raymond Padilla

LPL Financial LLC
39 Years of Experience
Santa Fe, NM
1 DisclosureBroker
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Raymond Padilla is a registered investment advisor at LPL Financial LLC, based in Santa Fe, NM, with 39 years of industry experience. Raymond 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
28221 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

Santa Fe, NM

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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.
Financial
November 2018
Final
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Other Business Activities

Raymond has been preparing income taxes since 1975, dedicating about 10-20% of his time to this activity from January to April. This activity is not investment related.

Employment History
Current Registrations
LPL Financial LLCBroker
July 2021 - Present · 5 yrs 3 mos
LPL Financial LLC
July 2021 - Present · 5 yrs 3 mos
Previous Registrations
Waddell & Reed
July 1998 - July 2021 · 23 yrs
Waddell & ReedBroker
May 1997 - July 2021 · 24 yrs 2 mos
Davis Selected Advisers, L.P.Broker
August 1986 - January 1997 · 10 yrs 5 mos
State Registrations4 states
NMNVNYSD
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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