IC
IC

Ira Chernick

40 Years of Experience
Jericho, NY
3 DisclosuresBrokerSells Insurance

Ira Chernick is a registered investment advisor at LPL Financial LLC, based in Jericho, 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

Jericho, NY

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History

Regulatory History (3)
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
September 2017
Settled
Customer Dispute
March 2012
Settled
Customer Dispute
October 2003
Settled
Other Business ActivitiesSells Insurance

Ira is involved with Gold Coast Capital Management Corp, including non-variable insurance activities and as a DBA for LPL business. These activities are investment-related and take about 10-20% of his time.

Employment History
Current Registrations
LPL Financial LLC
July 2024 - Present · 1 yr 10 mos
LPL Financial LLCBroker
July 2024 - Present · 1 yr 10 mos
Previous Registrations
Arete Wealth Advisors, LLC
July 2022 - July 2024 · 2 yrs
Arete Wealth Management, LLCBroker
July 2022 - July 2024 · 2 yrs
National Asset Management, INC.
October 2019 - July 2022 · 2 yrs 9 mos
National Securities CorporationBroker
May 2019 - July 2022 · 3 yrs 2 mos
Cetera Advisor Networks LLCBroker
September 2013 - June 2019 · 5 yrs 9 mos
Walnut Street Securities, INC.Broker
August 2003 - September 2013 · 10 yrs 1 mo
Nathan & Lewis Securities, INC.Broker
February 1995 - August 2003 · 8 yrs 6 mos
Jaron Equities CORP.Broker
October 1989 - February 1995 · 5 yrs 4 mos
Integrated Resources Equity CorporationBroker
November 1988 - October 1989 · 11 mos
Christopher Weil & Company, INCBroker
July 1988 - November 1988 · 4 mos
David Lerner Associates, INC.Broker
November 1985 - July 1988 · 2 yrs 8 mos
State Registrations12 states
ALCACTFLMAMDNJNVNYOHPASC
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.