SP
CFP
SP
CFP

Salvatore Petralia

38 Years of Experience
Naples, FL
Broker

Salvatore Petralia is a CFP-designated registered investment advisor at LPL Financial LLC, based in Naples, FL, with 38 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

842 Anchor Rode Drive, Naples, FL, 34103

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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.

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Other Business Activities

Salvatore operates under the DBA Anchor Financial Group, LLC for his LPL business. This activity is investment-related and takes nearly all of Salvatore's time.

Employment History
Current Registrations
LPL Financial LLC
January 2006 - Present · 20 yrs 4 mos
LPL Financial LLCBroker
July 1995 - Present · 30 yrs 10 mos
Previous Registrations
Smith Barney INC.Broker
July 1993 - July 1995 · 2 yrs
Lehman Brothers INC.Broker
April 1988 - July 1993 · 5 yrs 3 mos
E. F. Hutton & Company INCBroker
January 1988 - April 1988 · 3 mos
State Registrations15 states
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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.