VR
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Vernon Reinike

29 Years of Experience
Madison, MS
2 DisclosuresBroker

Vernon Reinike is a registered investment advisor at LPL Financial LLC, based in Madison, MS, 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

1304 Highway 51, Suite C, Madison, MS, 39110

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2012
Denied
Customer Dispute
December 2009
Denied
Other Business Activities

Vernon established an LLC for tax purposes as an S Corp. He also plans to purchase, market, and sell land, and is applying for a real estate license. Vernon also creates social media content and offers coaching services focused on self-improvement and time management.

Employment History
Current Registrations
LPL Financial LLCBroker
October 2025 - Present · 7 mos
LPL Financial LLC
October 2025 - Present · 7 mos
Previous Registrations
Ameriprise Financial Services, LLCBroker
February 2021 - October 2025 · 4 yrs 8 mos
Ameriprise Financial Services, LLC
February 2021 - October 2025 · 4 yrs 8 mos
Raymond James & Associates, INC.
February 2013 - March 2021 · 8 yrs 1 mo
Raymond James & Associates, INC.Broker
February 2013 - March 2021 · 8 yrs 1 mo
Morgan Keegan & Company, INC.
February 2007 - February 2013 · 6 yrs
Morgan Keegan & Company, INC.Broker
February 2007 - February 2013 · 6 yrs
Amsouth Investment Management Company LLC
July 2003 - February 2007 · 3 yrs 7 mos
Amsouth Investment Services, INC.
February 2003 - July 2003 · 5 mos
Amsouth Investment Services, INC.Broker
July 2000 - February 2007 · 6 yrs 7 mos
MML Investors Services, INC.Broker
January 1999 - August 2000 · 1 yr 7 mos
Olde Discount CorporationBroker
August 1997 - January 1999 · 1 yr 5 mos
Olde Discount CorporationBroker
September 1995 - September 1996 · 1 yr
State Registrations8 states
ALARCALAMSNCPATX
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.