Roy Fakoury is a CFP-designated registered investment advisor at LPL Financial LLC, based in Camden, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
1034 Broad Street, Camden, SC, 29020
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Roy operates Lumen Financial Planning and Wealth Management as a DBA for his LPL business, dedicating nearly full-time hours to it. He also has interests in Camden Financial Partners LLC, Chestnut Street Partners LLC, and Gen WXY Holdings LLC for tax/investment and real estate rental purposes, spending minimal time on each.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Wells Fargo Advisors Financial Network, LLC
Wells Fargo Advisors Financial Network, LLCBroker
Morgan Stanley Smith BarneyBroker
Morgan Stanley Smith Barney LLC
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Morgan Stanley
Morgan Stanley Dw INC.Broker
State Registrations21 states
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