Patrick Gherity
Patrick Gherity is a registered investment advisor at LPL Financial LLC, based in Vadnais Heights, MN, 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
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
3585 Highway 61 N, Vadnais Heights, MN, 55110-5223
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Patrick operates Frandsen Investment Services as a DBA for his LPL business. He also sells non-variable insurance products through Frandsen Investment Services, dedicating about a quarter of his time to this activity.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
U.S. Bancorp Investments, INC.Broker
U.S. Bancorp Investments, INC.
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
CUNA Brokerage Services, INC.
CUNA Brokerage Services, INC.Broker
Berthel, Fisher & Company Financial Services, INC.Broker
Next Financial Group, INC.Broker
Usallianz Securities, INC.Broker
Usallianz Investor Services, LLCBroker
Dean Witter Reynolds INC.Broker
State Registrations12 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.