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Bashar Hakim

LPL Enterprise, LLC
29 Years of Experience
Paramus, NJ
5 DisclosuresBrokerSells Insurance
View SEC Summary
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Bashar Hakim is a registered investment advisor at LPL Enterprise, LLC, based in Paramus, NJ, with 29 years of industry experience. Bashar is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.

LPL Enterprise, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3138 advisors
Number of Clients
102,563 clients
Average Client Portfolio
$243K average
Assets Under Management
$24.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.35%

Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

11 Sunflower Ave, 2nd. Floor, Paramus, NJ, 07652

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History

Regulatory History (5)
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
April 2021
Settled
Customer Dispute
June 2018
Withdrawn
Customer Dispute
October 2009
Denied
Customer Dispute
April 2008
Denied
Customer Dispute
June 2004
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Bashar operates his LPL business through Phoenix Financial Group, dedicating full-time hours to financial planning, asset, and risk management. He also owns Hakim Consulting LLC for tax and payroll purposes, spends minimal time on Medicare Advisor Hub LLC selling Medicare and supplement insurance, and a few hours per week on Prudential P&C selling property and casualty insurance.

Employment History
Current Registrations
LPL Enterprise, LLCBroker
November 2024 - Present · 1 yr 11 mos
LPL Enterprise, LLC
November 2024 - Present · 1 yr 11 mos
Previous Registrations
Prudential Financial Planning Services
June 2002 - November 2024 · 22 yrs 5 mos
Pruco Securities, LLC.Broker
June 1997 - November 2024 · 27 yrs 5 mos
State Registrations27 states
ALAZCACTDCDEFLGAIAILINMDMEMINCNHNJNVNYOHPARISCTNTXVAVT
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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