TrueAdvisor
TrueAdvisor
RP
RP

Randy Penkwitz

LPL Financial LLC
33 Years of Experience
Hudson, WI
4 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Randy Penkwitz is a registered investment advisor at LPL Financial LLC, based in Hudson, WI, with 33 years of industry experience. Randy 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

375 Stageline Road, Hudson, WI, 54016

Get directions

History

Regulatory History (4)
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
August 2008
Denied
Customer Dispute
January 2004
Settled
Customer Dispute
August 2003
Denied
Customer Dispute
September 2002
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Randy operates under several DBAs, including CPR Wealth Advisors and Goss Advisors, offering investment advisory services through firms like GWM Advisors and NewEdge Advisors. He also has an insurance agency, CPR Wealth Advisors, started in 2017, spending a few hours per week on it.

Employment History
Current Registrations
LPL Financial LLC
October 2025 - Present · 1 yr
LPL Financial LLCBroker
November 2017 - Present · 8 yrs 11 mos
Previous Registrations
Newedge Advisors
February 2018 - November 2025 · 7 yrs 9 mos
LPL Financial LLC
November 2017 - October 2020 · 2 yrs 11 mos
Investment Centers of America, INC.
March 2003 - December 2017 · 14 yrs 9 mos
Investment Centers of America, INC.Broker
March 2003 - November 2017 · 14 yrs 8 mos
Wells Fargo Brokerage Services, L.L.C.Broker
December 2000 - August 2002 · 1 yr 8 mos
Wells Fargo Investments, LLCBroker
December 2000 - March 2003 · 2 yrs 3 mos
Wells Fargo Brokerage Services, L.L.C.Broker
January 1998 - December 2000 · 2 yrs 11 mos
U.S. Bancorp Investments, INC.Broker
February 1995 - January 1998 · 2 yrs 11 mos
Liberty Securities CorporationBroker
July 1993 - March 1995 · 1 yr 8 mos
State Registrations32 states
ARAZCACODCFLIAILINKSKYLAMEMIMNMTNCNDNJNMNVNYORPASCSDTNTXUTVAWAWI
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.
More Advisors
More financial advisors in Hudson, WI →All financial advisors in Wisconsin →