Raymond Abracosa
Raymond Abracosa is a registered investment advisor at LPL Financial LLC, based in Torrance, CA, with 33 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
24576 Hawthorne Blvd, Torrance, CA, 90505
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
May 2001Other Business Activities
Raymond is involved with the Abracosa Living Trust, managing real estate rentals across multiple locations. He also operates under the DBA Heritage Wealth Management Group for his LPL business, dedicating full-time hours to this endeavor.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Kestra Investment Services, LLCBroker
Kestra Advisory Services, LLC
LPL Financial LLCBroker
LPL Financial LLC
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Wm Financial Services, INC.Broker
Great Western Financial Securities CorporationBroker
Fimco Securities Group, INC.Broker
Great Western Financial Securities CorporationBroker
Fortis Investors, INC.Broker
State Registrations12 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.