James Ellingson is a registered investment advisor at LPL Enterprise, LLC, based in Litchfield, MN, with 27 years of industry experience. James 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
Assets Under Management
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
Litchfield, MN
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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James is a board member for Star Lake Association and Golden Fleece Masonic Lodge #89, spending minimal time on each. He also officiates high school swimming and diving, dedicating a few hours per week.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Securities America, INC.Broker
Investment Centers of America, INC.Broker
Financial Network Investment CorporationBroker
Thrivent Investment Management INC.Broker
State Registrations4 states
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