Salvatore Spagnuolo
Salvatore Spagnuolo is a registered investment advisor at LPL Enterprise, LLC, based in Teaneck, NJ, with 31 years of industry experience. Salvatore 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
300 Frank W Burr Blvd., 7th Floor, Teaneck, NJ, 07666
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Regulatory History (1)
Judgment / Lien
September 2023Other Business ActivitiesSells Insurance
Salvatore receives renewal commissions from Allstate and Gibraltar Insurance related to previous insurance sales, including health insurance. These activities require minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Principal Securities, INC.
Principal Securities, INC.Broker
Allstate Financial Services, LLCBroker
Lifemark Securities CORP.Broker
Allstate Financial Services, LLCBroker
MML Investors Services, LLCBroker
Allstate Financial Services, LLCBroker
New England SecuritiesBroker
Veravest Investments, INC.Broker
UBS Painewebber INC.Broker
Advantage Capital CorporationBroker
Hartford Equity Sales Company INC.Broker
John Hancock Distributors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
Equity Services, INC.Broker
Hartford Equity Sales Company INC.Broker
Pruco Securities CorporationBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations8 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.