Richard Hoffman
Richard Hoffman is a registered investment advisor at LPL Financial LLC, based in Palm, PA, with 57 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
Palm, PA
Get directionsHistory
Regulatory History (2)
Employment Separation After Allegations
January 2010Customer Dispute
September 2008Other Business ActivitiesSells Insurance
Richard is an agent for non-variable insurance since 1990, dedicating a few hours per week to this activity. He also operates Hoffman Financial Services as a DBA for his LPL business, taking nearly full-time, owns real estate rental property, and runs Hoffman TPA Services as a third-party administrator, dedicating minimal time to each.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Grove Point Advisors, LLC
H. Beck, INC.
Grove Point Investments, LLCBroker
Securities America Advisors, INC.
Securities America, INC.Broker
Fsc Securities CorporationBroker
American Capital Financial Services, INC.Broker
American General Capital Distributors, INC.Broker
Pennsylvania Funds CorporationBroker
State Registrations26 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.