Adam Smith is a registered investment advisor at LPL Financial LLC, based in Salem, MA, with 16 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
One Salem Green, Salem, MA, 01970
Get directionsHistory
Regulatory History (3)
Financial
June 2019Financial
June 2019Financial
May 2019Other Business Activities
Adam operates under a DBA for his LPL business, Salem Five Investment Services, LLC, since 2022. He also works as a Wealth Representative for Salem Five Investment Services and Salem Five Wealth Advisors, dedicating a full-time commitment to these activities.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
National Financial Services LLCBroker
Fidelity Brokerage Services, 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.