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CFP

William Thompson

LPL Financial LLC
29 Years of Experience
Salem, VA
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

William Thompson is a CFP-designated registered investment advisor at LPL Financial LLC, based in Salem, VA, with 29 years of industry experience. William 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

Salem, VA

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History

Regulatory History (2)
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
October 2009
Denied
Customer Dispute
February 2005
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

William operates under the DBA Valley Wealth Group for his LPL business and non-variable insurance activities. He also owns Bedlam Manor Farm LLC, a real estate rental business, dedicating minimal time to it.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
LPL Financial LLCBroker
August 2021 - Present · 5 yrs 2 mos
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
Previous Registrations
Cetera Advisor Networks LLCBroker
November 2019 - August 2021 · 1 yr 9 mos
Cetera Advisor Networks LLC
November 2019 - August 2021 · 1 yr 9 mos
Wells Fargo Clearing Services, LLCBroker
September 2008 - November 2019 · 11 yrs 2 mos
Wells Fargo Clearing Services, LLC
September 2008 - November 2019 · 11 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
March 2004 - September 2008 · 4 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
March 2004 - September 2008 · 4 yrs 6 mos
UBS Financial Services INC.
December 1999 - April 2004 · 4 yrs 4 mos
UBS Financial Services INC.Broker
September 1999 - April 2004 · 4 yrs 7 mos
J.C. Bradford & CO.Broker
June 1997 - October 1999 · 2 yrs 4 mos
State Registrations13 states
CACOCTFLIAIDKYMINCNHTXVAWA
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.
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William Thompson - Financial Advisor | TrueAdvisor