Bashar Hakim
Bashar Hakim is a registered investment advisor at LPL Enterprise, LLC, based in Paramus, NJ, with 28 years of industry experience. Bashar 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
11 Sunflower Ave, 2nd. Floor, Paramus, NJ, 07652
Get directionsHistory
Regulatory History (5)
Customer Dispute
April 2021Customer Dispute
June 2018Customer Dispute
October 2009Customer Dispute
April 2008Customer Dispute
June 2004Other 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
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
State Registrations27 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.