RJ
ChFC
RJ
ChFC

Richard Johnston

41 Years of Experience
East Lansing, MI
BrokerSells Insurance

Richard Johnston is a ChFC-designated registered investment advisor at LPL Financial LLC, based in East Lansing, MI, with 41 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

1400 Abbott Road Ste 390, East Lansing, MI, 48823

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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

Richard operates under the DBA Johnston Financial Consultants and sells fixed insurance products. He also acts as a successor trustee for the James D Johnston and Sandra L Johnston Trust.

Employment History
Current Registrations
LPL Financial LLC
July 2010 - Present · 15 yrs 10 mos
LPL Financial LLCBroker
May 2004 - Present · 22 yrs
LPL Financial LLC
May 2004 - Present · 22 yrs
Previous Registrations
Ws Griffith Securities, INC.Broker
May 1984 - June 2004 · 20 yrs 1 mo
State Registrations8 states
AZCOFLILMIMNMOWA
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.