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Raydel Hernandez

31 Years of Experience
Hewitt, NJ
1 DisclosureBroker

Raydel Hernandez is a registered investment advisor at LPL Financial LLC, based in Hewitt, NJ, with 31 years of industry experience. Raydel 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.

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

Hewitt, NJ

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History

Regulatory History (1)
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Customer Dispute
December 2008
Denied
Other Business Activities

Raydel operates Paragon Investment LLC as a DBA for his LPL business, dedicating full-time hours to it. He also works as a bartender for Seasons Catering and owns M & R Writing and Publishing, selling cookbooks online.

Employment History
Current Registrations
LPL Financial LLC
December 2023 - Present · 2 yrs 10 mos
LPL Financial LLCBroker
December 2023 - Present · 2 yrs 10 mos
Previous Registrations
J.P. Morgan Securities LLC
October 2012 - December 2023 · 11 yrs 2 mos
J.P. Morgan Securities LLCBroker
October 2012 - December 2023 · 11 yrs 2 mos
Chase Investment Services CORP.
April 2008 - October 2012 · 4 yrs 6 mos
Chase Investment Services CORP.Broker
March 2006 - October 2012 · 6 yrs 7 mos
Hsbc Securities (USA) INC.Broker
January 2005 - January 2006 · 1 yr
Hsbc Brokerage (USA) INC.Broker
October 2003 - January 2005 · 1 yr 3 mos
Morgan Stanley Dw INC.Broker
March 1995 - October 2003 · 8 yrs 7 mos
Asensio & Company, INC.Broker
September 1994 - April 1995 · 7 mos
State Registrations8 states
CTFLHIMONJNYPATX
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.