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Lance Ernest

19 Years of Experience
Decatur, AL
1 DisclosureBroker

Lance Ernest is a registered investment advisor at LPL Financial LLC, based in Decatur, AL, with 19 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

255 Grant St Se, Decatur, AL, 35601

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History

Regulatory History (1)
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Financial
May 2025
Final
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 3 mos
LPL Financial LLCBroker
February 2025 - Present · 1 yr 3 mos
LPL Financial LLC
February 2025 - Present · 1 yr 3 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.