Richard Brokaw is a registered investment advisor at LPL Financial LLC, based in Cheyenne, WY, with 32 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
7338 Stockman St., Cheyenne, WY, 82009
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Richard is involved in several outside business activities, including ranching at Three Circle Livestock LLC (about 10-20% of his time), serving as President of Cheyenne Country Club (minimal time), co-organizing 3 Circle Studios, LLC for custom signs (a few hours per week), and co-owning Go West Land Development, LLC (minimal time). None of these activities are investment-related.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Wells Fargo Advisors
Wells Fargo Clearing Services, LLCBroker
A. G. Edwards & Sons, INC.Broker
R a F Financial CorporationBroker
Chatfield Dean & CO., INC.Broker
State Registrations29 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.