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Lawrence Hess

31 Years of Experience
Red Bank, NJ
1 DisclosureBroker

Lawrence Hess is a registered investment advisor at Ameriprise Financial Services, LLC, based in Red Bank, NJ, with 31 years of industry experience. Lawrence operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,330,280 clients with $560B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12781 advisors
Number of Clients
1,330,280 clients
Average Client Portfolio
$424K average
Assets Under Management
$564.6B

Fee Structure

Minimum Investment:$2K

Ameriprise Financial Services offers several managed account programs. The fees vary depending on the program selected. These fees include an asset-based fee, which covers investment advisory services and investment management fees. Some accounts may also have an Investments and Infrastructure Support Fee. Clients also pay investment costs, which are the underlying fees related to investment products purchased within the managed account. Additional fees and expenses may be incurred based on the nature of the investments.

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Location

141 W Front St Ste 140, Red Bank, NJ, 07701

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History

Regulatory History (1)
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Criminal
September 1992
Final Disposition
Other Business Activities

Lawrence owns a single-family real estate property since 1987. This activity is investment-related.

Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
March 2023 - Present · 3 yrs 2 mos
Ameriprise Financial Services, LLC
March 2023 - Present · 3 yrs 2 mos
Ameriprise Financial Services, LLC
March 2023 - Present · 3 yrs 2 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 2017 - March 2023 · 5 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 2017 - March 2023 · 5 yrs 6 mos
Ameriprise Financial Services, INC.Broker
May 2013 - September 2017 · 4 yrs 4 mos
Ameriprise Financial Services, INC.
May 2013 - September 2017 · 4 yrs 4 mos
LPL Financial LLC
January 2010 - May 2013 · 3 yrs 4 mos
LPL Financial LLCBroker
October 2009 - May 2013 · 3 yrs 7 mos
First Investors CorporationBroker
September 1994 - October 2009 · 15 yrs 1 mo
State Registrations11 states
CTDEFLMAMDNCNJNYSCTXVA
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.
Lawrence Hess - Financial Advisor | TrueAdvisor