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Raymond Reuter

29 Years of Experience
Hoover, AL
BrokerSells Insurance

Raymond Reuter is a registered investment advisor at LPL Financial LLC, based in Hoover, AL, with 29 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

475 Southland Drive, Hoover, AL, 35226

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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.

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Other Business ActivitiesSells Insurance

Raymond has a DBA for his LPL business called Cadence Investment Services and sells fixed annuities through multiple companies. He also has a duty with Cadence Bank, spending minimal time on it each month.

Employment History
Current Registrations
LPL Financial LLC
November 2022 - Present · 3 yrs 6 mos
LPL Financial LLC
November 2022 - Present · 3 yrs 6 mos
LPL Financial LLCBroker
November 2022 - Present · 3 yrs 6 mos
Previous Registrations
Infinex Investments, INC.
March 2017 - November 2022 · 5 yrs 8 mos
Infinex Investments, INC.Broker
December 2013 - November 2022 · 8 yrs 11 mos
Bancorpsouth Investment Services, INC.Broker
November 2007 - December 2013 · 6 yrs 1 mo
Nylife Distributors LLCBroker
July 2007 - October 2007 · 3 mos
Bancorpsouth Investment Services, INC.Broker
June 2000 - June 2007 · 7 yrs
Jefferson Pilot Securities CorporationBroker
May 1999 - June 2000 · 1 yr 1 mo
First Union Brokerage Services, INC.Broker
August 1998 - October 1998 · 2 mos
American Express Service CorporationBroker
January 1997 - November 1997 · 10 mos
Southtrust Securities, INC.Broker
July 1995 - January 1997 · 1 yr 6 mos
State Registrations10 states
ALARFLGALAMOMSNETNTX
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.