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Thomas Peterson

LPL Financial LLC
26 Years of Experience
Rockford, IL
1 DisclosureBroker
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Thomas Peterson is a registered investment advisor at LPL Financial LLC, based in Rockford, IL, with 26 years of industry experience. Thomas 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.

LPL Financial LLC
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
—
View Full SEC Brochure

Location

423 Financial Ct, Rockford, IL, 61107

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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.
Financial
March 2017
Final
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Other Business Activities

Thomas operates Upstream Investment Partners as a DBA for his LPL business, dedicating full-time hours to it. He also works as a delivery driver for Pizza Hut, spending about 10-20% of his time on this non-investment related activity.

Employment History
Current Registrations
LPL Financial LLC
May 2023 - Present · 3 yrs 5 mos
LPL Financial LLCBroker
May 2023 - Present · 3 yrs 5 mos
Previous Registrations
Spc
October 2019 - May 2023 · 3 yrs 7 mos
Sigma Financial CorporationBroker
October 2019 - May 2023 · 3 yrs 7 mos
Ameriprise Financial Services, INC.Broker
October 2009 - October 2019 · 10 yrs
Ameriprise Financial Services, INC.
October 2009 - October 2019 · 10 yrs
Ameriprise Advisor Services, INC.
September 2008 - October 2009 · 1 yr 1 mo
Ameriprise Advisor Services, INC.Broker
September 2008 - October 2009 · 1 yr 1 mo
Robert W. Baird & CO. Incorporated
March 2003 - September 2008 · 5 yrs 6 mos
Robert W. Baird & CO. IncorporatedBroker
March 2003 - September 2008 · 5 yrs 6 mos
RBC Dain Rauscher INC.
May 2001 - March 2003 · 1 yr 10 mos
RBC Dain Rauscher INC.Broker
January 2000 - March 2003 · 3 yrs 2 mos
State Registrations13 states
CACOFLIAILMIMNMONCNVSCVAWI
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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