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CFP

Randall Koenes

LPL Financial LLC
31 Years of Experience
Grand Rapids, MI
BrokerSells Insurance
View SEC Summary
View SEC Summary

Randall Koenes is a CFP-designated registered investment advisor at LPL Financial LLC, based in Grand Rapids, MI, with 31 years of industry experience. Randall 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

2025 E Beltline SE, Suite 205, Grand Rapids, MI, 49546

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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

Randall has several business activities, including DBAs for his LPL business, selling various insurance products (fixed annuities, term, medicare supplements/advantage, long-term care, whole life, and universal life insurance), and acting as a notary public and trustee. He dedicates nearly full-time hours to America Group Wealth Management and a few hours per week to insurance sales and minimal time to his notary and trustee duties.

Employment History
Current Registrations
LPL Financial LLC
April 2010 - Present · 16 yrs 6 mos
LPL Financial LLCBroker
November 2003 - Present · 22 yrs 11 mos
Previous Registrations
Veravest Investments, INC.Broker
September 1998 - November 2003 · 5 yrs 2 mos
Centennial Securities Company, INC.Broker
April 1995 - September 1998 · 3 yrs 5 mos
State Registrations11 states
AKCACOFLINLAMIOHORSCUT
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.
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