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Edward Loturco

40 Years of Experience
Franklin Square, NY
2 DisclosuresBroker

Edward Loturco is a registered investment advisor at LPL Financial LLC, based in Franklin Square, NY, 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
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

1040 Hempstead Turnpike, Franklin Square, NY, 11010

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History

Regulatory History (2)
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
May 2016
Settled
Customer Dispute
March 2007
Denied
Other Business Activities

Edward operates LoTurco & Company LLC as a DBA for his LPL business since 1985, dedicating about half his time. He also works at LoTurco & Company, Inc. providing tax preparation, accounting, and CPA services since 2019, also dedicating about half his time.

Employment History
Current Registrations
LPL Financial LLC
June 2019 - Present · 6 yrs 11 mos
LPL Financial LLCBroker
May 2019 - Present · 7 yrs
Previous Registrations
Cadaret Grant & CO INC
March 2010 - June 2019 · 9 yrs 3 mos
Cadaret, Grant & CO., INC.Broker
March 2010 - June 2019 · 9 yrs 3 mos
Gunnallen Financial, INCBroker
June 2009 - March 2010 · 9 mos
Gunnallen Financial, INC
June 2009 - March 2010 · 9 mos
AXA Advisors, LLC
July 2002 - June 2009 · 6 yrs 11 mos
AXA Advisors, LLCBroker
August 1985 - June 2009 · 23 yrs 10 mos
The Equitable Life Assurance Society of the United StatesBroker
August 1985 - January 2000 · 14 yrs 5 mos
State Registrations7 states
FLILNCNJNVNYVA
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.
Edward Loturco - Financial Advisor | TrueAdvisor