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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 is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3138 advisors
Number of Clients
102,563 clients
Average Client Portfolio
$243K average
Assets Under Management
$24.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.35%

Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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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, LLC
November 2024 - Present · 1 yr 11 mos
LPL Enterprise, LLCBroker
November 2024 - Present · 1 yr 11 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.