Douglas Ritter
Douglas Ritter is a CFP, PFS-designated registered investment advisor at LPL Financial LLC, based in Red Wing, MN, 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
307 Dakota St, Red Wing, MN, 55066
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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
Douglas is an independent insurance agent selling life, disability, and long-term care insurance, dedicating a few hours per week to this activity. He also owns a vacation rental property and is the President & CEO of Discovery Financial, as well as being involved with Diversified Financial Group.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
National Planning Corporation ("npc of America" in Fl & Ny)
National Planning CorporationBroker
Ing Financial Partners, INC.Broker
Nwnl Management CorporationBroker
Cfs Brokerage CORP.Broker
State Registrations45 states
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