SF
SF

Shahriar Faraji

24 Years of Experience
Lathrup Village, MI
1 DisclosureBrokerSells Insurance

Shahriar Faraji is a registered investment advisor at LPL Financial LLC, based in Lathrup Village, MI, with 24 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

27000 Evergreen Rd, Lathrup Village, MI, 48076

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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.
Judgment / Lien
June 2019
Other Business ActivitiesSells Insurance

Shahriar operates under the DBA BOAA Financial Services for his LPL business and engages in non-variable insurance activities, dedicating a few hours per week to the latter. He also works as a server at IHOP, spending about 35% of his time there.

Employment History
Current Registrations
LPL Financial LLC
September 2024 - Present · 1 yr 8 mos
LPL Financial LLCBroker
May 2024 - Present · 2 yrs
Previous Registrations
Inland Securities CorporationBroker
December 2019 - October 2023 · 3 yrs 10 mos
TD Ameritrade, INC.
May 2019 - December 2019 · 7 mos
TD Ameritrade Investment Management, LLC
May 2019 - December 2019 · 7 mos
TD Ameritrade, INC.Broker
March 2019 - December 2019 · 9 mos
Preferred Capital Securities, LLCBroker
August 2016 - June 2018 · 1 yr 10 mos
Northstar Securities, LLCBroker
March 2013 - June 2016 · 3 yrs 3 mos
Cole Capital CorporationBroker
March 2008 - February 2013 · 4 yrs 11 mos
Old Mutual Capital
December 2007 - February 2008 · 2 mos
Old Mutual Investment PartnersBroker
May 2006 - February 2008 · 1 yr 9 mos
Linsco/private Ledger CORP.
May 2003 - May 2006 · 3 yrs
Linsco/private Ledger CORP.Broker
May 2003 - May 2006 · 3 yrs
CUNA Brokerage Services, INC.
July 2002 - May 2003 · 10 mos
CUNA Brokerage Services, INC.Broker
December 2001 - May 2003 · 1 yr 5 mos
H&r Block Financial Advisors, INC.Broker
February 2001 - April 2001 · 2 mos
Linsco/private Ledger CORP.Broker
February 2000 - November 2000 · 9 mos
Capital Analysts, IncorporatedBroker
October 1998 - December 1999 · 1 yr 2 mos
Brokerage Administrators CorporationBroker
February 1998 - May 1998 · 3 mos
Oppenheimerfunds Distributor, INC.Broker
February 1998 - February 1998 · 0 mos
State Registrations6 states
FLGAIAMINCNY
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.
Shahriar Faraji - Financial Advisor | TrueAdvisor