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CFP
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CFP

Richard Morowczynski

LPL Financial LLC
32 Years of Experience
Orland Park, IL
BrokerSells Insurance
View SEC Summary
View SEC Summary

Richard Morowczynski is a CFP-designated registered investment advisor at LPL Financial LLC, based in Orland Park, IL, with 32 years of industry experience. Richard 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
—
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Location

Orland Park, IL

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History

Regulatory History
Clean regulatory record

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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Other Business ActivitiesSells Insurance

Richard operates his LPL business through Morow Financial Network, dedicating full-time hours to it. He also engages in health and life insurance activities through Morow Financial Network, spending about 10-20% of his time on this.

Employment History
Current Registrations
LPL Financial LLC
November 2024 - Present · 1 yr 11 mos
LPL Financial LLCBroker
November 2024 - Present · 1 yr 11 mos
Previous Registrations
LPL Financial LLC
November 2024 - November 2024 · 0 mos
Avantax Advisory Services
September 2004 - November 2024 · 20 yrs 2 mos
Avantax Investment Services, INC.Broker
September 2004 - November 2024 · 20 yrs 2 mos
Mony Securities CorporationBroker
February 1995 - September 2004 · 9 yrs 7 mos
Jackson National Financial Services, INC.Broker
November 1993 - January 1995 · 1 yr 2 mos
State Registrations3 states
FLILIN
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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