TrueAdvisor
TrueAdvisor
DR
DR

Dominick Riolo

LPL Financial LLC
40 Years of Experience
New City, NY
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Dominick Riolo is a registered investment advisor at LPL Financial LLC, based in New City, NY, with 40 years of industry experience. Dominick 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
28129 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

17 Squadron Blvd, Suite 201, New City, NY, 10956

Get directions

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
July 2011
Denied
Customer Dispute
April 2008
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Dominick operates Riolo Financial Group as a DBA for his LPL business and provides tax preparation/accounting services. He also completes FAFSA forms and is an agent for non-variable insurance, dedicating minimal time to the latter.

Employment History
Current Registrations
LPL Financial LLCBroker
August 2021 - Present · 5 yrs 2 mos
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
Previous Registrations
Ameriprise Financial Services, LLCBroker
July 2014 - September 2021 · 7 yrs 2 mos
Ameriprise Financial Services, LLC
July 2014 - September 2021 · 7 yrs 2 mos
National Asset Management, INC.
May 2014 - July 2014 · 2 mos
National Securities CorporationBroker
November 2013 - July 2014 · 8 mos
Asset & Financial Planning, LTD
January 2011 - May 2014 · 3 yrs 4 mos
Asset & Financial Planning, LTD
November 2004 - December 2007 · 3 yrs 1 mo
Prime Capital Services, INC.Broker
June 1999 - November 2013 · 14 yrs 5 mos
Royal Alliance Associates, INC.Broker
January 1995 - June 1999 · 4 yrs 5 mos
Dime Securities of Ny, INC.Broker
May 1992 - January 1995 · 2 yrs 8 mos
Invest Financial CorporationBroker
April 1989 - May 1992 · 3 yrs 1 mo
American Express Financial Advisors INC.Broker
March 1986 - April 1989 · 3 yrs 1 mo
Ids Marketing CorporationBroker
December 1985 - January 1986 · 1 mo
State Registrations25 states
ALAZCACOCTDEFLGAILINMAMDMENCNHNJNVNYOHORPASCTXVAWV
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.
More Advisors
More financial advisors in New City, NY →All financial advisors in New York →