TrueAdvisor
TrueAdvisor
KK
CFP
KK
CFP

Karl Klinger

LPL Financial LLC
32 Years of Experience
Virginia Beach, VA
BrokerSells Insurance
View SEC Summary
View SEC Summary

Karl Klinger is a CFP-designated registered investment advisor at LPL Financial LLC, based in Virginia Beach, VA, with 32 years of industry experience. Karl 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

3092 Brickhouse Court, Virginia Beach, VA, 23452

Get directions

History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Karl is an employee at Bernadette M Vaughan Inc/Commonwealth Tax, preparing income tax returns, and an owner of CTP Business Services LLC, providing business consulting. Karl also sells fixed annuities, life/health, and long-term care insurance, dedicating minimal time to each activity.

Employment History
Current Registrations
LPL Financial LLC
July 2025 - Present · 1 yr 3 mos
LPL Financial LLCBroker
July 2025 - Present · 1 yr 3 mos
Previous Registrations
Next Financial Group, INC.
October 2008 - July 2025 · 16 yrs 9 mos
College Financial Services
June 2003 - October 2008 · 5 yrs 4 mos
Next Financial Group, INC.Broker
January 2003 - July 2025 · 22 yrs 6 mos
Raymond James Financial Services
June 1999 - January 2003 · 3 yrs 7 mos
Raymond James Financial Services, INC.Broker
January 1999 - January 2003 · 4 yrs
Robert Thomas Securities, INCBroker
December 1998 - January 1999 · 1 mo
Eq Financial Consultants, INC.Broker
June 1994 - December 1998 · 4 yrs 6 mos
The Equitable Life Assurance Society of the United StatesBroker
June 1994 - December 1998 · 4 yrs 6 mos
State Registrations9 states
CACOGAMDNCNYPASCVA
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 Virginia Beach, VA →All financial advisors in Virginia →