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Scott Jarnot

30 Years of Experience
New Brighton, MN
1 DisclosureBroker

Scott Jarnot is a registered investment advisor at LPL Financial LLC, based in New Brighton, MN, with 30 years of industry experience. Scott 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.

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
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Location

708 Cleveland Ave SW Ste 200, New Brighton, MN, 55112

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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
December 2003
Settled
Other Business Activities

Scott operates Empower Wealth Management as a DBA for his LPL business and is a notary in the state of MN. He is also a co-owner of FDG Plaza, a real estate rental property in New Brighton, MN, since 2009.

Employment History
Current Registrations
LPL Financial LLCBroker
May 2025 - Present · 1 yr 5 mos
LPL Financial LLC
May 2025 - Present · 1 yr 5 mos
Previous Registrations
Osaic Wealth, INC.
December 2023 - May 2025 · 1 yr 5 mos
Financial Dimensions Group, INC.
December 2013 - November 2024 · 10 yrs 11 mos
Osaic Wealth, INC.Broker
May 2005 - May 2025 · 20 yrs
Ids Life Insurance CompanyBroker
August 1996 - May 2005 · 8 yrs 9 mos
American Express Financial Advisors INC.Broker
August 1996 - May 2005 · 8 yrs 9 mos
Piper Jaffray INC.Broker
November 1995 - August 1996 · 9 mos
State Registrations7 states
AZCOFLMNNDNYWI
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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