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Lawrence Hesse

LPL Financial LLC
52 Years of Experience
Topeka, KS
1 DisclosureBrokerSells Insurance
View SEC Summary
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Lawrence Hesse is a registered investment advisor at LPL Financial LLC, based in Topeka, KS, with 52 years of industry experience. Lawrence 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

654 SW 10th Ave, Suite 201, Topeka, KS, 66615

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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 2005
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Lawrence operates several DBAs for his LPL business, including Hesse Financial Services, which takes nearly full-time hours. He also owns Chief HL Insurance Services, an insurance agency selling life, long-term care, disability, and fixed annuities.

Employment History
Current Registrations
LPL Financial LLC
January 2024 - Present · 2 yrs 9 mos
LPL Financial LLC
January 2024 - Present · 2 yrs 9 mos
LPL Financial LLCBroker
January 2024 - Present · 2 yrs 9 mos
Previous Registrations
Cambridge Investment Research Advisors, INC.
January 2019 - February 2024 · 5 yrs 1 mo
Cambridge Investment Research, INC.Broker
January 2003 - February 2024 · 21 yrs 1 mo
Cornerstone Advisors
April 2001 - January 2019 · 17 yrs 9 mos
Cornerstone Investments, L.L.C.Broker
January 1996 - December 2002 · 6 yrs 11 mos
Primeline Securities CORP.Broker
January 1994 - September 1996 · 2 yrs 8 mos
Primeline Securities CORP.Broker
June 1989 - December 1993 · 4 yrs 6 mos
Southmark Financial Services, INC.Broker
December 1986 - May 1989 · 2 yrs 5 mos
American United Life Insurance CompanyBroker
January 1974 - December 2001 · 27 yrs 11 mos
Aul Equity Sales CORP.Broker
January 1974 - December 1986 · 12 yrs 11 mos
State Registrations5 states
CAKSMOOHTX
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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