TrueAdvisor
TrueAdvisor
JC
JC

Jonathan Cummings

LPL Financial LLC
28 Years of Experience
Hurst, TX
4 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Jonathan Cummings is a registered investment advisor at LPL Financial LLC, based in Hurst, TX, with 28 years of industry experience. Jonathan 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

860 Airport Fwy Ste 601, Hurst, TX, 76054

Get directions

History

Regulatory History (4)
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
January 2022
Settled
Customer Dispute
October 2021
Settled
Customer Dispute
June 2020
Settled
Customer Dispute
March 2009
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Jonathan is involved in several business activities. These include a business entity for tax/investment purposes, a DBA for LPL business, another DBA for LPL business (True Freedom 401(k)), non-variable insurance through Cummings Financial Services, and rental property through Cummings Financial Services.

Employment History
Current Registrations
LPL Financial LLC
December 2020 - Present · 5 yrs 10 mos
LPL Financial LLCBroker
December 2020 - Present · 5 yrs 10 mos
Previous Registrations
LPL Financial LLC
December 2020 - December 2020 · 0 mos
Securities America, INC.Broker
July 2020 - December 2020 · 5 mos
Securities America Advisors, INC.
July 2020 - December 2020 · 5 mos
Investacorp, INC.Broker
December 2009 - July 2020 · 10 yrs 7 mos
Investacorp Advisory Services INC
December 2009 - July 2020 · 10 yrs 7 mos
AXA Advisors, LLC
June 2009 - December 2009 · 6 mos
AXA Advisors, LLCBroker
June 2005 - December 2009 · 4 yrs 6 mos
Mony Securities CorporationBroker
May 2002 - June 2005 · 3 yrs 1 mo
Prudential Securities IncorporatedBroker
October 1999 - June 2002 · 2 yrs 8 mos
Prudential Securities Incorporated
October 1999 - June 2002 · 2 yrs 8 mos
Foresters Equity Services, INC.Broker
April 1996 - December 1997 · 1 yr 8 mos
State Registrations21 states
ALARCOFLGAILINLAMDMIMNMSNJNVNYOHOKSCTNTXWI
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.
More Advisors
More financial advisors in Hurst, TX →All financial advisors in Texas →