TrueAdvisor
TrueAdvisor
LF
LF

Lonnie Friedman

LPL Financial LLC
32 Years of Experience
Harrisburg, PA
6 DisclosuresBroker
View SEC Summary
View SEC Summary

Lonnie Friedman is a registered investment advisor at LPL Financial LLC, based in Harrisburg, PA, with 32 years of industry experience. Lonnie 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

2040 Linglestown Rd, Suite 300, Harrisburg, PA, 17110

Get directions

History

Regulatory History (6)
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.
Employment Separation After Allegations
February 2023
Customer Dispute
December 2008
Denied
Customer Dispute
October 2004
Denied
Customer Dispute
February 2003
Denied
Customer Dispute
April 2001
Pending
Customer Dispute
March 2001
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Lonnie operates Taurus Wealth Management as a DBA for his LPL business, but dedicates no time to it. He is also publishing a book on cold calling, which is not investment-related and also takes no time.

Employment History
Current Registrations
LPL Financial LLC
February 2023 - Present · 3 yrs 8 mos
LPL Financial LLCBroker
February 2023 - Present · 3 yrs 8 mos
Previous Registrations
Morgan Stanley
June 2009 - March 2023 · 13 yrs 9 mos
Morgan StanleyBroker
June 2009 - March 2023 · 13 yrs 9 mos
Citigroup Global Markets INC.
April 2008 - June 2009 · 1 yr 2 mos
Citigroup Global Markets INC.Broker
March 2001 - June 2009 · 8 yrs 3 mos
Legg Mason Wood Walker, IncorporatedBroker
July 1994 - March 2001 · 6 yrs 8 mos
State Registrations48 states
ALARAZCACOCTDCDEFLGAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTVirgin IslandsWAWVWY
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.
More Advisors
More financial advisors in Harrisburg, PA →All financial advisors in Pennsylvania →