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Roosevelt Grayson

LPL Financial LLC
40 Years of Experience
Farmington Hills, MI
4 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Roosevelt Grayson is a registered investment advisor at LPL Financial LLC, based in Farmington Hills, MI, with 40 years of industry experience. Roosevelt 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
—
View Full SEC Brochure

Location

31731 Northwestern Hwy, Ste 151W, Farmington Hills, MI, 48334

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History

Regulatory History (4)
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.
Customer Dispute
November 2024
Denied
Customer Dispute
March 2011
Settled
Customer Dispute
November 2008
Denied
Customer Dispute
March 1995
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Roosevelt operates Grayson Advisory Group as a DBA for his LPL business, dedicating about a quarter of his time. He also sells non-variable insurance products, spending minimal time on this activity.

Employment History
Current Registrations
LPL Financial LLCBroker
December 2014 - Present · 11 yrs 10 mos
LPL Financial LLC
December 2014 - Present · 11 yrs 10 mos
LPL Financial LLC
December 2014 - Present · 11 yrs 10 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
October 2012 - January 2015 · 2 yrs 3 mos
J.P. Morgan Securities LLC
October 2012 - January 2015 · 2 yrs 3 mos
Chase Investment Services CORP.
August 2009 - October 2012 · 3 yrs 2 mos
Chase Investment Services CORP.Broker
January 2007 - October 2012 · 5 yrs 9 mos
Citigroup Global Markets INC.Broker
March 2001 - January 2007 · 5 yrs 10 mos
Banc One Securities CorporationBroker
February 1999 - April 2001 · 2 yrs 2 mos
First Chicago Nbd Investment Services, INC.Broker
April 1996 - February 1999 · 2 yrs 10 mos
Essex National Securities, INC.Broker
July 1994 - March 1996 · 1 yr 8 mos
Independence One Brokerage Services, INC.Broker
February 1992 - August 1994 · 2 yrs 6 mos
Liberty Securities CorporationBroker
August 1991 - January 1992 · 5 mos
Pamco Securities and Insurance ServicesBroker
August 1988 - August 1991 · 3 yrs
Great Lakes Equities CO.Broker
March 1988 - August 1988 · 5 mos
Pruco Securities CorporationBroker
June 1987 - May 1988 · 11 mos
Ids Marketing CorporationBroker
March 1985 - January 1987 · 1 yr 10 mos
Ids Financial Services INC.Broker
March 1985 - December 1986 · 1 yr 9 mos
State Registrations9 states
ALAZCAGAMDMINCNVTX
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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Roosevelt Grayson - Financial Advisor | TrueAdvisor