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Terrance Hughes

27 Years of Experience
Chicago, IL
Broker

Terrance Hughes is a registered investment advisor at LPL Financial LLC, based in Chicago, IL, with 27 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

231 S La Salle St # 13, 13th Floor, Chicago, IL, 60604

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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 Activities

Terrance is a Director of Sales for Wintrust Investments, doing business as LPL, dedicating nearly full-time hours to this role. He also coaches football at Plainfield Central High School, spending about 10-20% of his time on this activity.

Employment History
Current Registrations
LPL Financial LLC
January 2025 - Present · 1 yr 8 mos
LPL Financial LLCBroker
January 2025 - Present · 1 yr 8 mos
Previous Registrations
Wintrust Investments
June 2008 - January 2025 · 16 yrs 7 mos
Wintrust Investments LLCBroker
June 2008 - January 2025 · 16 yrs 7 mos
Leumi Investment Services INC.
November 2004 - June 2008 · 3 yrs 7 mos
Leumi Investment Services INC.Broker
November 2004 - June 2008 · 3 yrs 7 mos
Invest Financial Corporation
March 2001 - November 2004 · 3 yrs 8 mos
Invest Financial CorporationBroker
October 2000 - November 2004 · 4 yrs 1 mo
Citicorp Investment ServicesBroker
January 2000 - November 2000 · 10 mos
Citicorp Investment ServicesBroker
December 1996 - June 1998 · 1 yr 6 mos
State Registrations16 states
CACTDCFLGAILINMAMINCNJNYOHPAWIWV
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.
Terrance Hughes - Financial Advisor | TrueAdvisor