Steven Lorenz
Steven Lorenz is a CFP, ChFC-designated registered investment advisor at LPL Financial LLC, based in Lakeville, MN, with 40 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
20730 Holyoke Ave Ste 148, Lakeville, MN, 55044
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Regulatory History (1)
Customer Dispute
September 2014Other Business ActivitiesSells Insurance
Steven is an agent for non-variable insurance, including life and health insurance and annuities, since 1981, dedicating minimal time. He is also an agent for Banklife Associates, Inc. since 2006, dedicating full-time hours during securities trading, and an agent for Ash Brokerage since 2023, dedicating minimal time. Steven is also the treasurer of the Lakeville Area Chamber Foundation.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Ing Financial Partners, INC.Broker
State Registrations21 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.