DP
DP

Donald Paroda

28 Years of Experience
Rock Hill, SC
2 DisclosuresBroker

Donald Paroda is a registered investment advisor at LPL Financial LLC, based in Rock Hill, SC, with 28 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

Rock Hill, SC

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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.
Criminal
February 1981
Final Disposition
Criminal
July 1978
Final Disposition
Other Business Activities

Donald operates under the DBA "Donald Paroda Wealth Management" for his LPL business. This activity is investment-related and consumes his full-time efforts.

Employment History
Current Registrations
LPL Financial LLC
January 2020 - Present · 6 yrs 4 mos
LPL Financial LLCBroker
January 2020 - Present · 6 yrs 4 mos
Previous Registrations
Cadaret Grant & CO INC
February 2011 - January 2020 · 8 yrs 11 mos
Cadaret, Grant & CO., INC.Broker
January 2011 - January 2020 · 9 yrs
First Investors CorporationBroker
June 1997 - January 2011 · 13 yrs 7 mos
State Registrations4 states
FLNCOHSC
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.
Donald Paroda - Financial Advisor | TrueAdvisor