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Steven Spanton

LPL Financial LLC
36 Years of Experience
Colorado Springs, CO
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Steven Spanton is a registered investment advisor at LPL Financial LLC, based in Colorado Springs, CO, with 36 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

3535 American Drive, Innovative Fin. Mgmt, Colorado Springs, CO, 80917

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History

Regulatory History (1)
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
August 2001
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Steven operates Innovative Financial Management under a DBA. He also sells non-variable insurance through ASH Brokerage, dedicating minimal time, and owns Spanton Enterprises, a real estate rental business, also dedicating minimal time.

Employment History
Current Registrations
LPL Financial LLCBroker
October 2010 - Present · 16 yrs 1 mo
LPL Financial LLC
October 2010 - Present · 16 yrs 1 mo
Previous Registrations
Wells Fargo Investments, LLC
April 2002 - October 2010 · 8 yrs 6 mos
Wells Fargo Investments, LLCBroker
April 2002 - October 2010 · 8 yrs 6 mos
First Union Securities, INC.Broker
September 1999 - April 2002 · 2 yrs 7 mos
U.S. Bancorp Piper Jaffray INC.Broker
March 1990 - October 1999 · 9 yrs 7 mos
State Registrations28 states
ARAZCACOFLGAHIIAIDILINMDMONCNENJNMNVNYOHOKORPASCTXVAWAWI
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.
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