DB
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Darryl Barnes

28 Years of Experience
Fredericksburg, VA
1 DisclosureBroker

Darryl Barnes is a registered investment advisor at LPL Financial LLC, based in Fredericksburg, VA, with 28 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

20 Commerce Pkwy, Suite 109, Fredericksburg, VA, 22406

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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
March 2015
Denied
Other Business Activities

Darryl operates under the DBA Deacon Wealth Management for his LPL business. He is also president of ToDoCenter, LLC, an internet scheduling company, and Deacon Ventures, LLC, a holding company, dedicating about 10-20% of his time to each. Darryl also has Deacon Wealth Properties, LLC, a real estate rental company that is currently inactive, taking about 10% of his time.

Employment History
Current Registrations
LPL Financial LLCBroker
October 2010 - Present · 15 yrs 9 mos
LPL Financial LLC
October 2010 - Present · 15 yrs 9 mos
Previous Registrations
Wells Fargo Advisors, LLCBroker
September 2008 - October 2010 · 2 yrs 1 mo
Wells Fargo Advisors, LLC
September 2008 - October 2010 · 2 yrs 1 mo
Raymond James Financial Services
March 2000 - September 2008 · 8 yrs 6 mos
Raymond James Financial Services, INC.Broker
June 1999 - September 2008 · 9 yrs 3 mos
Painewebber IncorporatedBroker
November 1992 - April 1994 · 1 yr 5 mos
State Registrations15 states
COFLGAKYMAMDMIMONCNYOHPASCTXVA
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.
Darryl Barnes - Financial Advisor | TrueAdvisor