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Thomas Tschider

37 Years of Experience
Detroit Lakes, MN
BrokerSells Insurance

Thomas Tschider is a registered investment advisor at LPL Financial LLC, based in Detroit Lakes, MN, with 37 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

1112 Highway 59 S, Detroit Lakes, MN, 56501

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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

Thomas operates his LPL business under the DBA Tschider Financial Planning, dedicating nearly all of his time to it. He also owns rental real estate, requiring minimal time, and sells fixed insurance as an agent, spending about 10-20% of his time on this.

Employment History
Current Registrations
LPL Financial LLC
November 2017 - Present · 8 yrs 6 mos
LPL Financial LLCBroker
November 2017 - Present · 8 yrs 6 mos
Previous Registrations
Investment Centers of America, INC.
June 2003 - December 2017 · 14 yrs 6 mos
Investment Centers of America, INC.Broker
May 2003 - November 2017 · 14 yrs 6 mos
Invest Financial Corporation
March 2002 - June 2003 · 1 yr 3 mos
Invest Financial CorporationBroker
August 1997 - June 2003 · 5 yrs 10 mos
Investment Centers of America, INC.Broker
March 1994 - September 1997 · 3 yrs 6 mos
Norwest Investment Services, INC.Broker
April 1992 - March 1994 · 1 yr 11 mos
Integrated Resources Equity CorporationBroker
November 1988 - September 1989 · 10 mos
Investment Centers of America, INC.Broker
October 1988 - April 1992 · 3 yrs 6 mos
State Registrations18 states
AKALAZFLGAIAIDINMAMNNDNYOHSDVAWAWIWV
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.