TrueAdvisor
TrueAdvisor
RK
CFP
RK
CFP

Robert Kovacs

LPL Financial LLC
37 Years of Experience
Troy, NY
Broker
View SEC Summary
View SEC Summary

Robert Kovacs is a CFP-designated registered investment advisor at LPL Financial LLC, based in Troy, NY, with 37 years of industry experience. Robert 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
28221 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

21 Second St, Troy, NY, 12180

Get directions

History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Other Business Activities

Robert operates Pioneer Wealth Management as a DBA for his LPL business. He also owns Black Dog Properties, a real estate rental business, dedicating minimal time to it, and KFAM LLC, a business entity for tax/investment purposes.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
LPL Financial LLCBroker
February 2016 - Present · 10 yrs 8 mos
Previous Registrations
Cetera Investment Services LLCBroker
January 2015 - February 2016 · 1 yr 1 mo
Cetera Investment Advisers LLC
January 2015 - February 2016 · 1 yr 1 mo
LPL Financial LLCBroker
May 2012 - February 2015 · 2 yrs 9 mos
LPL Financial LLC
May 2012 - February 2015 · 2 yrs 9 mos
Hsbc Securities (USA) INC.
June 2007 - May 2012 · 4 yrs 11 mos
Hsbc Securities (USA) INC.Broker
January 2005 - May 2012 · 7 yrs 4 mos
Hsbc Brokerage (USA) INC.Broker
May 2001 - January 2005 · 3 yrs 8 mos
Royal Alliance Associates, INC.Broker
June 1998 - May 2001 · 2 yrs 11 mos
Royal Alliance Associates, INC.Broker
November 1989 - August 1996 · 6 yrs 9 mos
Integrated Resources Equity CorporationBroker
November 1986 - November 1989 · 3 yrs
State Registrations30 states
AZCACOCTDEFLGAHIIDILINKYMAMDNCNHNJNMNVNYOHOKPARISCTNTXVAVTWA
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 Troy, NY →All financial advisors in New York →