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Shawn Shubat

LPL Financial LLC
23 Years of Experience
Moline, IL
Broker
View SEC Summary
View SEC Summary

Shawn Shubat is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Moline, IL, with 23 years of industry experience. Shawn 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
—
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Location

3950 38th Avenue, Moline, IL, 61265

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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 Activities

Shawn operates under two DBAs for his LPL business: DECU Investment & Retirement Services (since 2017) and Empeople Investment & Retirement Services (since 2023). These activities are investment-related and take up a full-time commitment.

Employment History
Current Registrations
LPL Financial LLC
February 2018 - Present · 8 yrs 8 mos
LPL Financial LLCBroker
February 2018 - Present · 8 yrs 8 mos
Previous Registrations
Invest Financial Corporation
October 2017 - February 2018 · 4 mos
Invest Financial CorporationBroker
October 2017 - February 2018 · 4 mos
Waddell & ReedBroker
May 2004 - June 2017 · 13 yrs 1 mo
Waddell & Reed
May 2004 - June 2017 · 13 yrs 1 mo
Lincoln Investment Planning, INC
May 2003 - May 2004 · 1 yr
Lincoln Investment Planning, INC.Broker
April 2003 - May 2004 · 1 yr 1 mo
State Registrations34 states
ALARAZCACOFLGAIAIDILINKSKYLAMIMNMOMSNCNDNENHNJNYOHOKORPASCTNTXVAWAWI
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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