Karen Grindlay is a registered investment advisor at LPL Financial LLC, based in Indianapolis, IN, with 28 years of industry experience. Karen 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
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
Location
250 E. 96th Street, Suite 200, Indianapolis, IN, 46240
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Karen is a general partner in Miller Building Partnership, a real estate rental partnership, spending minimal time on it. She also provides investment advisory services through Charter Advisory Corporation, dedicating about 10-20% of her time, and serves as President of Grindlay & Grindlay, PC, a tax preparation/accounting firm, spending nearly full-time hours during securities trading.
Employment History
Current Registrations
LPL Financial LLCBroker
Charter Advisory Corporation
Previous Registrations
Mutual Service CorporationBroker
Titan/value Equities Group, INC.Broker
State Registrations5 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.
Exams
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