Wayne Blanchette
Wayne Blanchette is a registered investment advisor at LPL Enterprise, LLC, based in Shelton, CT, with 38 years of industry experience. Wayne operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
1 Corporate Drive, Suite 205, Shelton, CT, 06484
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Regulatory History (2)
Customer Dispute
February 2020Customer Dispute
August 2007Other Business ActivitiesSells Insurance
Wayne is involved with Prudential/Crump as an outbrokerage for fixed insurance products since November 2024. This investment-related activity requires minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Nia Securities, L.L.C.Broker
Securian Financial Services, INC.Broker
Usi Securities, INC.Broker
MML Investors Services, INC.Broker
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
Veravest Investments, INC.Broker
Hartford Equity Sales Company INC.Broker
Nylife Securities INC.Broker
MML Investors Services, INC.Broker
John Hancock Distributors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
State Registrations10 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.