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Mark Franco

LPL Financial LLC
34 Years of Experience
North Haven, CT
1 DisclosureBrokerSells Insurance
View SEC Summary
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Mark Franco is a registered investment advisor at LPL Financial LLC, based in North Haven, CT, with 34 years of industry experience. Mark is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

116 Washington Ave Fl 2, North Haven, CT, 06473

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
June 2009
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Mark is involved in several business activities, including real estate rentals through 161 Dorrance LLC and F5, LLC, and operating Blackwater Wealth Management as a DBA for his LPL business. He also spends minimal time on non-variable insurance through Blackwater Wealth Management.

Employment History
Current Registrations
LPL Financial LLCBroker
October 2021 - Present · 5 yrs
LPL Financial LLC
October 2021 - Present · 5 yrs
Previous Registrations
Benjamin F. Edwards & Company, INC.Broker
May 2010 - November 2021 · 11 yrs 6 mos
Benjamin F. Edwards & Company, Incorporated
May 2010 - November 2021 · 11 yrs 6 mos
Wells Fargo Advisors, LLC
January 2008 - June 2010 · 2 yrs 5 mos
Wells Fargo Advisors, LLCBroker
January 2008 - June 2010 · 2 yrs 5 mos
A. G. Edwards & Sons, INC.
August 1998 - January 2008 · 9 yrs 5 mos
A. G. Edwards & Sons, INC.Broker
September 1995 - January 2008 · 12 yrs 4 mos
Josephthal Lyon & Ross IncorporatedBroker
July 1993 - October 1995 · 2 yrs 3 mos
Amerinational Financial Services, INC.Broker
September 1992 - July 1993 · 10 mos
Chatfield Dean & CO., INC.Broker
June 1992 - August 1992 · 2 mos
State Registrations20 states
ARAZCACOCTFLGAMAMDMINHNJNYOHPASCTXUTVAVT
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.
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