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Darryl Benfield

32 Years of Experience
Reading, PA
1 DisclosureBrokerSells Insurance

Darryl Benfield is a registered investment advisor at LPL Financial LLC, based in Reading, PA, 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
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

5 Hearthstone Ct Ste 106, Reading, PA, 19606

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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
October 2009
Denied
Other Business ActivitiesSells Insurance

Darryl is an agent for non-variable insurance through Wyndham Advisors, LLC, offering life, long-term care, and disability insurance, dedicating minimal time to this. He also operates his LPL business through Wyndham Advisors, LLC, spending full-time hours on this.

Employment History
Current Registrations
LPL Financial LLC
November 2012 - Present · 13 yrs 8 mos
LPL Financial LLCBroker
November 2012 - Present · 13 yrs 8 mos
Previous Registrations
Ing Financial Partners, INC
July 2007 - December 2012 · 5 yrs 5 mos
Ing Financial Partners, INC.Broker
January 2004 - December 2012 · 8 yrs 11 mos
Locust Street Securities, INC.Broker
April 2003 - January 2004 · 9 mos
Equity Services, INC.Broker
September 1997 - April 2003 · 5 yrs 7 mos
Sunset Financial Services, INC.Broker
January 1996 - September 1997 · 1 yr 8 mos
American Financial Associates, INC.Broker
December 1993 - December 1995 · 2 yrs
State Registrations19 states
AZDEFLGAILMAMDMENCNJNYOHPARISCTXVAWAWV
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.