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Lance Ernest

LPL Financial LLC
20 Years of Experience
Huntsville, AL
1 DisclosureBroker
View SEC Summary
View SEC Summary

Lance Ernest is a registered investment advisor at LPL Financial LLC, based in Huntsville, AL, with 20 years of industry experience. Lance 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
—
View Full SEC Brochure

Location

201 Williams Ave Sw, Huntsville, AL, 35801

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History

Regulatory History (1)
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.
Financial
May 2025
Final
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Lance operates under United Community Advisory Services, a DBA for his LPL business. This activity is investment-related and occurs at his reported business location.

Employment History
Current Registrations
LPL Financial LLC
February 2025 - Present · 1 yr 8 mos
LPL Financial LLCBroker
February 2025 - Present · 1 yr 8 mos
LPL Financial LLC
February 2025 - Present · 1 yr 8 mos
Previous Registrations
Fisher Investments
January 2024 - November 2024 · 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 2020 - January 2024 · 3 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2020 - January 2024 · 3 yrs 5 mos
Cetera Investment Advisers LLC
January 2014 - August 2020 · 6 yrs 7 mos
Cetera Investment Services LLCBroker
January 2013 - August 2020 · 7 yrs 7 mos
Cetera Investment Services LLC
January 2013 - January 2014 · 1 yr
PNC Investments
October 2012 - January 2013 · 3 mos
PNC InvestmentsBroker
October 2012 - January 2013 · 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 2012 - September 2012 · 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 2012 - September 2012 · 2 mos
Colonial Asset Management INC
January 2006 - October 2009 · 3 yrs 9 mos
Colonial Brokerage, INC.Broker
December 2005 - October 2009 · 3 yrs 10 mos
Citigroup Global Markets INC.
May 2005 - November 2005 · 6 mos
Citigroup Global Markets INC.Broker
April 2005 - November 2005 · 7 mos
Proequities, INC.Broker
February 2000 - February 2002 · 2 yrs
State Registrations2 states
ALGA
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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