Steven Arnold
Steven Arnold is a registered investment advisor at LPL Financial LLC, based in Farmington Hills, MI, with 30 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
31731 Northwestern Highway, Suite 261W, Farmington Hills, MI, 48334
Get directionsHistory
Regulatory History (3)
Regulatory
November 2011Customer Dispute
November 2008Employment Separation After Allegations
July 2008Other Business ActivitiesSells Insurance
Steven has several outside business activities, including operating under the DBA Financial Focus, providing mortgage brokerage services, managing MGJ Properties LLC (real estate rental), and working as a Third Party Administrator for Fiduciary Focus Benefits Group LLC. He also engages in tax preparation and consulting through Financial Focus Accounting, L.L.C., and sells fixed insurance products, dedicating about 10-20% of his time to these activities.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
National Planning CorporationBroker
Ing Financial Partners, INC.Broker
Vestax Securities CorporationBroker
Titan/value Equities Group, INC.Broker
State Registrations16 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.