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RK
CFP
RK
CFP

Raymond Kermend

LPL Financial LLC
28 Years of Experience
Downers Grove, IL
BrokerSells Insurance
View SEC Summary
View SEC Summary

Raymond Kermend is a CFP-designated registered investment advisor at LPL Financial LLC, based in Downers Grove, IL, with 28 years of industry experience. Raymond 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
28129 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
—
View Full SEC Brochure

Location

2655 Warrenville Rd Ste 175, Downers Grove, IL, 60515

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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

Raymond operates under several DBAs for his LPL business, including Professional Wealth Advisors and A.M.D.G. Wealth Advisory, LLC, dedicating full-time hours to these investment-related activities. He also has a business entity, Partnerland LLC, for tax/investment purposes, requiring minimal time.

Employment History
Current Registrations
LPL Financial LLCBroker
April 2021 - Present · 5 yrs 6 mos
LPL Financial LLC
April 2021 - Present · 5 yrs 6 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
October 2012 - April 2021 · 8 yrs 6 mos
J.P. Morgan Securities LLC
October 2012 - April 2021 · 8 yrs 6 mos
Chase Investment Services CORP.Broker
July 2005 - October 2012 · 7 yrs 3 mos
Chase Investment Services CORP.
July 2005 - October 2012 · 7 yrs 3 mos
Banc One Securities CorporationBroker
June 2004 - July 2005 · 1 yr 1 mo
Banc One Securities Corporation
June 2004 - July 2005 · 1 yr 1 mo
Abn Amro Financial Services, INC.
October 2001 - June 2004 · 2 yrs 8 mos
Abn Amro Financial Services, INC.Broker
July 2001 - June 2004 · 2 yrs 11 mos
Firstar Investment Services,inc.Broker
December 1998 - July 2001 · 2 yrs 7 mos
Old Kent Financial AdvisorsBroker
March 1998 - October 1998 · 7 mos
Metlife Securities INC.Broker
February 1998 - March 1998 · 1 mo
Metropolitan Life Insurance CompanyBroker
February 1998 - March 1998 · 1 mo
American Express Financial Advisors INC.Broker
September 1997 - October 1997 · 1 mo
Ids Life Insurance CompanyBroker
September 1997 - October 1997 · 1 mo
State Registrations17 states
AZCACODCFLILINMIMNNCNEOHPATNTXVAWI
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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