Francesco Amodio
Francesco Amodio is a registered investment advisor at LPL Enterprise, LLC, based in Farmingdale, NY, with 27 years of industry experience. Francesco operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
17 Conklin Street, 2nd Floor, Farmingdale, NY, 11735
Get directionsHistory
Regulatory History (1)
Criminal
July 1988Other Business ActivitiesSells Insurance
Francesco is an independent insurance agent selling life, accident, and health insurance, dedicating a few hours per week during securities trading hours. He also sells Medicare-related products for a few hours per week. Francesco owns a weekend food concession stand, Frankie's Famous Grill, dedicating minimal time during securities trading hours and about half their time during evenings and weekends. He also receives referral fees from Kipnes Crowley Group, dedicating minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Msi Financial Services, INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations13 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.