Lyle Schonberger is a registered investment advisor at LPL Financial LLC, based in Troy, MI, with 31 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
200 E Big Beaver Rd, Troy, MI, 48083
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Lyle operates Upstream Investment Partners as a DBA for his LPL business, dedicating full-time hours to it. He also manages Lylac Wealth, LLC for tax/investment purposes and Lylac Estate Planning LLC, spending a few hours per week on estate planning.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
American Enterprise Investment Services INC.Broker
Ameriprise Financial Services, LLCBroker
Ameriprise Advisor Services, INC.Broker
State Registrations8 states
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