TrueAdvisor
TrueAdvisor
LS
CFP
LS
CFP

Lisa Sherman

LPL Financial LLC
41 Years of Experience
New City, NY
Broker
View SEC Summary
View SEC Summary

Lisa Sherman is a CFP-designated registered investment advisor at LPL Financial LLC, based in New City, NY, with 41 years of industry experience. Lisa 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
28129 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

17 Squadron Blvd, Suite 201, New City, NY, 10956

Get directions

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.

Learn about disclosures →
Other Business Activities

Lisa operates under the DBA Riolo Financial Group for her LPL business since 2014. This activity is investment-related and conducted at her reported business location.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
LPL Financial LLCBroker
August 2021 - Present · 5 yrs 2 mos
Previous Registrations
Ameriprise Financial Services, LLC
November 2019 - September 2021 · 1 yr 10 mos
Ameriprise Financial Services, LLCBroker
November 2019 - September 2021 · 1 yr 10 mos
National Asset Management, INC.
June 2017 - November 2019 · 2 yrs 5 mos
National Securities CorporationBroker
November 2013 - November 2019 · 6 yrs
Prime Capital Services, INC.Broker
January 2001 - November 2013 · 12 yrs 10 mos
Hsbc Brokerage (USA) INC.Broker
February 1997 - December 2000 · 3 yrs 10 mos
Mony Securities CORP.Broker
December 1994 - February 1997 · 2 yrs 2 mos
Dime Securities of Ny, INC.Broker
May 1992 - November 1994 · 2 yrs 6 mos
Invest Financial CorporationBroker
November 1990 - May 1992 · 1 yr 6 mos
American Express Financial Advisors INC.Broker
June 1989 - November 1990 · 1 yr 5 mos
Ids Life Insurance CompanyBroker
June 1989 - November 1990 · 1 yr 5 mos
Phoenix Equity Planning CorporationBroker
December 1987 - August 1989 · 1 yr 8 mos
American Express Financial Advisors INC.Broker
April 1984 - February 1987 · 2 yrs 10 mos
Ids Financial Services INC.Broker
April 1984 - December 1986 · 2 yrs 8 mos
State Registrations10 states
AZCAFLNCNJNYPASCTXVA
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.
More Advisors
More financial advisors in New City, NY →All financial advisors in New York →