Douglas Frazier
Douglas Frazier is a CFP-designated registered investment advisor at LPL Financial LLC, based in Torrance, CA, with 26 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
990 W. 190th St Ste 500, Torrance, CA, 90502
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2008Other Business Activities
Douglas operates under the DBA Pence Wealth Management since 2008, providing financial plans and advice for fees, dedicating minimal time to this. He also has a business entity called Woodleigh Wealth for tax/investment purposes.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Pence Wealth Management, INC.
Kinecta Financial & Insurance Services, LLCBroker
CUNA Brokerage Services, INC.
CUNA Brokerage Services, INC.Broker
Linsco/private Ledger CORP.Broker
Linsco/private Ledger CORP.
Citicorp Investment Services
Citicorp Investment ServicesBroker
Morgan Stanley
Morgan Stanley Dw INC.Broker
State Registrations19 states
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.