Erik Lundy
Erik Lundy is a registered investment advisor at Prospera Financial Services, INC., based in Bad Axe, MI, with 28 years of industry experience. Their practice areas include Estate Planning, Retirement Planning. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Prospera Financial Services offers investment management through various programs. The fees are based on a percentage of your portfolio's value and are negotiable, but the maximum annual fee is 2.15%. The specific fee and services are agreed upon in an advisory agreement. Fees are typically deducted from your account. Some programs may have additional fees, such as transaction costs or sub-account fees. Prospera also participates in revenue sharing with custodians and other third parties, which creates a conflict of interest.
Location
840 S Van Dyke Rd, Bad Axe, MI, 48413
Get directionsHistory
Regulatory History (5)
Customer Dispute
April 2017Employment Separation After Allegations
February 2010Customer Dispute
January 2009Customer Dispute
January 2003Customer Dispute
January 2003Other Business Activities
Erik works as a financial advisor at Lundy Financial Services, dedicating more than 60% of his time during trading hours. He also owns a building and receives rental income, but spends no time on this. Erik is also a non-compensated board member for St. Hubert Finance Committee, spending minimal time on this.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
Cetera Advisor Networks LLCBroker
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Edward JonesBroker
State Registrations26 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.