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Patrick Mcgrath

LPL Financial LLC
42 Years of Experience
Massapequa, NY
11 Disclosures
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Patrick Mcgrath is a registered investment advisor at LPL Financial LLC, based in Massapequa, NY, with 42 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. 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
—
View Full SEC Brochure

Location

Massapequa, NY

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History

Regulatory History (11)
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.
Judgment / Lien
June 2023
Customer Dispute
December 2017
Settled
Judgment / Lien
June 2017
Regulatory
April 2015
Final
Regulatory
June 2014
Final
Judgment / Lien
February 2014
Employment Separation After Allegations
January 2014
Customer Dispute
April 2013
Settled
Customer Dispute
February 2010
Settled
Customer Dispute
April 2009
Settled
Customer Dispute
June 1994
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Patrick is an Investment Committee Member for Trinity Health, attending quarterly meetings. He also serves as an elected official for Barrett Township, supervising Election Day activities.

Employment History
Current Registrations
LPL Financial LLC
June 2025 - Present · 1 yr 4 mos
Previous Registrations
Western International Securities
November 2018 - June 2025 · 6 yrs 7 mos
Northeast Asset Management LLC
December 2014 - April 2019 · 4 yrs 4 mos
Northeast Securities, INC.Broker
February 2014 - August 2017 · 3 yrs 6 mos
Oppenheimer & CO. INC.
April 2009 - January 2014 · 4 yrs 9 mos
Oppenheimer & CO. INC.Broker
April 2009 - January 2014 · 4 yrs 9 mos
Wachovia Securities, LLC
July 2003 - April 2009 · 5 yrs 9 mos
Wachovia Securities, LLCBroker
July 2003 - April 2009 · 5 yrs 9 mos
Prudential Securities IncorporatedBroker
May 2001 - July 2003 · 2 yrs 2 mos
Prudential Securities Incorporated
May 2001 - July 2003 · 2 yrs 2 mos
UBS Painewebber INC.Broker
July 1990 - May 2001 · 10 yrs 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 1984 - August 1990 · 6 yrs 3 mos
State Registrations5 states
CADEMIPAVA
Advisor

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Exams
No exam information available for this advisor.
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