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PR

Philip Ruggeri

28 Years of Experience
St. Clair Shores, MI
1 DisclosureBroker

Philip Ruggeri is a registered investment advisor at LPL Financial LLC, based in St. Clair Shores, MI, with 28 years of industry experience. Philip 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.

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
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Location

24335 Harper, St. Clair Shores, MI, 48080

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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.
Customer Dispute
November 2001
Award / Judgment
Other Business Activities

Philip is a college instructor, spending minimal time on this activity. He also operates First State Investment Services as a DBA for his LPL business and serves as the Chief Financial Officer for First State Bank, dedicating about a quarter of his time to this role.

Employment History
Current Registrations
LPL Financial LLC
January 2016 - Present · 10 yrs 9 mos
LPL Financial LLC
January 2016 - Present · 10 yrs 9 mos
LPL Financial LLCBroker
January 2016 - Present · 10 yrs 9 mos
Previous Registrations
Cetera Investment Advisers LLC
January 2014 - January 2016 · 2 yrs
Cetera Investment Services LLC
March 2013 - January 2014 · 10 mos
Cetera Investment Services LLCBroker
December 1997 - January 2016 · 18 yrs 1 mo
State Registrations1 state
MI
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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