Robert Schmidt is a registered investment advisor at LPL Financial LLC, based in Parsonsfield, ME, with 35 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
129 Federal Road, Parsonsfield, ME, 04047
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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.
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Robert operates under two DBAs for his LPL business: Atlantic Financial Services since May 2022, and Wilmington Advisors @M&T since January 2024. These activities are investment-related.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
CUNA Brokerage Services, INC.
CUNA Brokerage Services, INC.Broker
Cardea Capital Group, INC.
Cardea Capital Advisors, LLC
Morgan Stanley
Morgan StanleyBroker
Eqis Capital Management
The Pacific Financial Group, INC.
Alps Distributors, INC.Broker
Pathway Strategic Advisors
Genworth Financial Wealth Management, INC.
Capital Brokerage CorporationBroker
Pacer Advisors, INC.
Pacer Financial, INC.Broker
Pershing LLCBroker
Lockwood Advisors INC
Lockwood Financial Services, INC.Broker
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
Prudential Investment Management Services LLCBroker
Salomon Brothers INC.Broker
Wood Logan Associates, INC.Broker
Lehman Brothers INC.Broker
Keystone Provident Financial Services CORP.Broker
Smith Barney, Harris Upham & CO., IncorporatedBroker
H. C. Copeland and Associates Equities, INC.Broker
State Registrations25 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.