David Carraturo is a registered investment advisor at LPL Enterprise, LLC, based in White Plains, NY, with 32 years of industry experience. David 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
Firm Size
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Assets Under Management
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%).
Location
360 Hamilton Ave, 9th Floor, White Plains, NY, 10601
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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David is a business owner/partner at Bucket Hat Media, LLC since 2017, and an author under David L. Carraturo, LLC since 2010. He also works as an artist/musician/background actor, dedicating about 10-20% of his time to this activity.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Citigroup Global Markets INC.Broker
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Irc Securities LLCBroker
Instinet, LLCBroker
Instinet, LLCBroker
H.C. Wainwright & CO., INC.Broker
Hoenig & CO., INC.Broker
A. Webster Dougherty & CO., IncorporatedBroker
State Registrations4 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.