Lester Butler
Lester Butler is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Friendswood, TX, with 35 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
Friendswood, TX
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Regulatory History
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 ActivitiesSells Insurance
Lester operates Butler Financial Consultants as a DBA for LPL business, dedicating full-time hours. He also has business entities (FDG Investments LTD and FDG Management, Inc.) for tax/investment purposes, requiring minimal time, and sells term and GUL life insurance through Butler Financial Consultants, spending a few hours per week.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Lincoln Financial Securities CorporationBroker
Lincoln Financial Securities Corporation
Ims Securities, INC.Broker
Ims Financial Advisors, INC.
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
LPL Financial LLC
LPL Financial LLCBroker
Vestax Securities CorporationBroker
Sunset Financial Services, INC.Broker
Canada Life of America Financial Services, INC.Broker
Advantage Capital CorporationBroker
New England Securities CorporationBroker
State Registrations4 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.