Hovsep Dermenjian
Hovsep Dermenjian is a registered investment advisor at LPL Financial LLC, based in Glendale, CA, 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
450 N Brand Blvd Ste 600, Glendale, CA, 91203
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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
Hovsep sells non-variable insurance, dedicating about a quarter of his time to this activity. He also works at Universal Capital Insurance and Financial Center, spending about 10% of his time there, and operates Universal Capital Wealth Management as a DBA for his LPL business, dedicating nearly full-time hours to this.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Universal Capital Wealth Management
Purshe Kaplan Sterling InvestmentsBroker
Voya Financial Advisors, INC.
Voya Financial Advisors, INC.Broker
The Investment Center, INC.
The Investment Center, INC.Broker
Mutual Service CorporationBroker
Quest Capital Strategies, INC.Broker
Pruco Securities CorporationBroker
Quest Capital Strategies, INC.Broker
Metropolitan Life Insurance CompanyBroker
Metlife Securities INC.Broker
Lehman Brothers INC.Broker
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.