Donovan Ehrman is a registered investment advisor at LPL Financial LLC, based in Godfrey, IL, with 29 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
1305 D'Adrian Professional Pk, Godfrey, IL, 62035
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Regulatory History (1)
Customer Dispute
November 2020Other Business Activities
Donovan operates Riverbend Investment Management as a DBA for his LPL business. He also owns Leesville Enterprises LLC for tax/investment purposes, works as an assistant baseball coach and JV basketball coach at Father McGivney Catholic High School, spending about 10-20% of his time on the latter.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
CUNA Brokerage Services, INC.
CUNA Brokerage Services, INC.Broker
Strategic Advisers, INC.
Fidelity Brokerage Services LLCBroker
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Uvest Financial Services Group, INC.Broker
Transamerica Capital, INC.Broker
Neuberger Berman Management INC.Broker
Quasar Distributors, LLCBroker
U.S. Bancorp Investments, INC.Broker
Firstar Investment Services,inc.Broker
Conseco Financial Services, INC.Broker
Fsc Securities CorporationBroker
Linsco/private Ledger CORP.Broker
Kohn Financial CorporationBroker
Marketing One Securities, INC.Broker
State Registrations9 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.