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Robert Stephens

LPL Financial LLC
39 Years of Experience
Dallas, TX
1 DisclosureBroker
View SEC Summary
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Robert Stephens is a registered investment advisor at LPL Financial LLC, based in Dallas, TX, with 39 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

14881 Quorum Dr. Suite 125, Dallas, TX, 75254

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History

Regulatory History (1)
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 2004
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Robert operates Upstream Investment Partners as a DBA for his LPL business. He is also a musician in a band called Just Got Paid, spending about 10-20% of his time on this non-investment related activity.

Employment History
Current Registrations
LPL Financial LLC
May 2023 - Present · 3 yrs 5 mos
LPL Financial LLCBroker
May 2023 - Present · 3 yrs 5 mos
Previous Registrations
Spc
April 2013 - May 2023 · 10 yrs 1 mo
Sigma Financial CorporationBroker
March 2011 - May 2023 · 12 yrs 2 mos
Spc
March 2011 - December 2011 · 9 mos
Ameriprise Financial Services, INC.Broker
October 2009 - March 2011 · 1 yr 5 mos
Ameriprise Financial Services, INC.
October 2009 - March 2011 · 1 yr 5 mos
Ameriprise Advisor Services, INC.
June 2003 - October 2009 · 6 yrs 4 mos
Ameriprise Advisor Services, INC.Broker
January 2003 - October 2009 · 6 yrs 9 mos
Wachovia Securities, INC.
February 1996 - January 2003 · 6 yrs 11 mos
Wachovia Securities, INC.Broker
February 1996 - January 2003 · 6 yrs 11 mos
Bear, Stearns & CO. INC.Broker
April 1993 - January 1996 · 2 yrs 9 mos
Bear, Stearns & CO. INC.Broker
August 1989 - January 1996 · 6 yrs 5 mos
A. G. Edwards & Sons, INC.Broker
June 1987 - August 1989 · 2 yrs 2 mos
Rauscher Pierce Refsnes, INC.Broker
April 1987 - May 1987 · 1 mo
USA Securities, INC.Broker
March 1987 - April 1987 · 1 mo
State Registrations7 states
AZNCPASCTXVAWY
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.
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