Philip Arena
Philip Arena is a registered investment advisor at LPL Financial LLC, based in Tucson, AZ, with 36 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
7530 N. La Cholla Blvd., Tucson, AZ, 85741
Get directionsHistory
Regulatory History (2)
Customer Dispute
December 2012Customer Dispute
July 2002Other Business ActivitiesSells Insurance
Philip is the president of Life Markets Co., Inc. since 2009, where he sells life insurance, dedicating about 10% of his time. He also co-owns and receives rental income from LaCholla Holdings LLC, spending minimal time on it, and operates several DBAs for his LPL business, dedicating about a quarter of his time to SJI Financial Services.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Mutual Service Corporation
Mutual Service CorporationBroker
American General Securities IncorporatedBroker
Aetna Investment Services, INC.Broker
Uslife Equity Sales CORP.Broker
Aetna Life Insurance and Annuity CompanyBroker
State Registrations25 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.