Eric Reed is a registered investment advisor at LPL Financial LLC, based in Alexandria, LA, with 29 years of industry experience. Eric 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
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
Location
204 Pecan Park Avenue, Alexandria, LA, 71315-3527
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2024Other Business Activities
Eric operates under several DBAs and an LLC related to his LPL business and investment activities. He dedicates full-time hours to Reed Davis Wealth Management and minimal time to RDIG, LLC, which is for land purchase and building development.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Raymond James Financial Services, INC.Broker
A. G. Edwards & Sons, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations12 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.
Exams
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