Timothy Skwiot
Timothy Skwiot is a registered investment advisor at LPL Enterprise, LLC, based in Wakefield, MA, with 29 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
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Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
500 Edgewater Drive, Suite 595, Wakefield, MA, 01880
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Regulatory History (1)
Customer Dispute
November 2020Other Business ActivitiesSells Insurance
Timothy operates Waterview Wealth Management as a DBA for his LPL business, marketing investment, insurance, and financial planning services. He also coaches a high school fishing team and receives service commissions from Liberty Mutual for property and casualty insurance, dedicating minimal time to this activity.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
State Registrations35 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.