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Douglas Detmer

33 Years of Experience
Grand Rapid, MI
1 DisclosureBroker

Douglas Detmer is a registered investment advisor at LPL Enterprise, LLC, based in Grand Rapid, MI, with 33 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3039 advisors
Number of Clients
86,726 clients
Average Client Portfolio
$217K average
Assets Under Management
$18.9B

Fee Structure

LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).

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Location

500 Cascade W Parkway Se, Suite 220, Grand Rapid, MI, 49546

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History

Regulatory History (1)
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Criminal
July 2008
Final Disposition
Employment History
Current Registrations
LPL Enterprise, LLCBroker
November 2024 - Present · 1 yr 6 mos
LPL Enterprise, LLC
November 2024 - Present · 1 yr 6 mos
Previous Registrations
Pruco Securities, LLC.Broker
November 2018 - November 2024 · 6 yrs
Prudential Financial Planning Services
November 2018 - November 2024 · 6 yrs
MML Investors Services, LLCBroker
March 2017 - November 2018 · 1 yr 8 mos
MML Investors Services, LLC
March 2017 - November 2018 · 1 yr 8 mos
Msi Financial Services, INC.
September 2010 - March 2017 · 6 yrs 6 mos
Msi Financial Services, INC.Broker
January 1993 - March 2017 · 24 yrs 2 mos
Metropolitan Life Insurance CompanyBroker
October 1992 - July 2007 · 14 yrs 9 mos
State Registrations7 states
ARCAFLMIMNNCTX
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.
Douglas Detmer - Financial Advisor | TrueAdvisor