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Erich Raasch

35 Years of Experience
Greencastle, IN
3 DisclosuresBroker

Erich Raasch is a registered investment advisor at LPL Financial LLC, based in Greencastle, IN, 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
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

25 E Washington Street, Greencastle, IN, 46135

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History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
May 2020
Denied
Criminal
March 1986
Final Disposition
Criminal
March 1986
Final Disposition
Other Business Activities

Erich works as a financial advisor for Old National Investments and Old National Bank, spending the majority of his time on these activities. He also serves as an ordained minister, dedicating minimal time to this role.

Employment History
Current Registrations
LPL Financial LLC
December 2009 - Present · 16 yrs 5 mos
LPL Financial LLCBroker
December 2009 - Present · 16 yrs 5 mos
LPL Financial LLC
November 2009 - Present · 16 yrs 6 mos
Previous Registrations
Invest Financial Corporation
November 2008 - December 2009 · 1 yr 1 mo
Invest Financial CorporationBroker
November 2008 - December 2009 · 1 yr 1 mo
Primevest Financial Services, INC.
September 2004 - November 2008 · 4 yrs 2 mos
Primevest Financial Services, INC.Broker
June 2001 - November 2008 · 7 yrs 5 mos
Compulife Investor Services, INC.Broker
October 1994 - June 2001 · 6 yrs 8 mos
Gna Securities, INC.Broker
November 1993 - June 1994 · 7 mos
Liberty Securities CorporationBroker
May 1992 - November 1993 · 1 yr 6 mos
Pruco Securities CorporationBroker
December 1989 - May 1992 · 2 yrs 5 mos
The Prudential Insurance Company of AmericaBroker
December 1989 - May 1992 · 2 yrs 5 mos
State Registrations24 states
ALCOCTDEFLGAILINKYLAMDMIMNMONCNJNYOHPASCTXUTVAWA
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.
Erich Raasch - Financial Advisor | TrueAdvisor