RB
RB

Raymond Beninato

44 Years of Experience
White Plains, NY
BrokerSells Insurance

Raymond Beninato is a registered investment advisor at LPL Financial LLC, based in White Plains, NY, with 44 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

470 Mamaronek Avenue, Suite 306, White Plains, NY, 10605

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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 ActivitiesSells Insurance

Raymond is an independent agent selling non-variable insurance products through Raben Capital Growth Corporation, dedicating about 10-20% of his time. He is also a managing member of 100 Milbank Ave LLC and managing partner of 524 Main Street LLC, and sole member/owner of 102-104 Prospect Street LLC, all real estate ventures, spending a few hours per week on these activities.

Employment History
Current Registrations
LPL Financial LLC
July 2025 - Present · 10 mos
LPL Financial LLCBroker
July 2025 - Present · 10 mos
Previous Registrations
Cadaret Grant & CO INC
July 2011 - July 2025 · 14 yrs
Cadaret, Grant & CO., INC.Broker
July 2011 - July 2025 · 14 yrs
AXA Advisors, LLC
September 2010 - July 2011 · 10 mos
AXA Advisors, LLCBroker
December 2007 - July 2011 · 3 yrs 7 mos
American General Securities IncorporatedBroker
October 1997 - January 2008 · 10 yrs 3 mos
Uslife Equity Sales CORP.Broker
June 1981 - October 1997 · 16 yrs 4 mos
State Registrations9 states
CTDEFLMDNCNJNYPAVA
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.