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CFP

Thomas Mcdermott

LPL Financial LLC
17 Years of Experience
Jupiter, FL
BrokerSells Insurance
View SEC Summary
View SEC Summary

Thomas Mcdermott is a CFP-designated registered investment advisor at LPL Financial LLC, based in Jupiter, FL, with 17 years of industry experience. Thomas 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
—
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Location

601 Heritage Drive, Ste 155, Jupiter, FL, 33458

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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 ActivitiesSells Insurance

Thomas sells non-variable insurance products, dedicating about 10% of his time to this activity. He also operates under two DBAs for his LPL business: PWG Financial (about half his time) and KeyValue Wealth Management, LLC (more than full-time).

Employment History
Current Registrations
LPL Financial LLC
September 2024 - Present · 2 yrs 1 mo
LPL Financial LLCBroker
August 2024 - Present · 2 yrs 2 mos
Previous Registrations
MML Investors Services, LLC
June 2021 - September 2024 · 3 yrs 3 mos
MML Investors Services, LLCBroker
April 2020 - September 2024 · 4 yrs 5 mos
Allstate Financial Services, LLCBroker
August 2011 - April 2020 · 8 yrs 8 mos
Worldco, L.L.C.Broker
February 2002 - May 2002 · 3 mos
Andover Brokerage, L.L.C.Broker
September 2001 - February 2002 · 5 mos
J.P. Turner & Company, L.L.C.Broker
February 1998 - July 1999 · 1 yr 5 mos
Global Financial Group, INC.Broker
December 1997 - February 1998 · 2 mos
Iar Securities CORP.Broker
October 1997 - November 1997 · 1 mo
Royal Hutton Securities CORP.Broker
October 1997 - October 1997 · 0 mos
State Registrations5 states
FLNJNYPAVA
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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