AS
CFP · ChFC
AS
CFP · ChFC

Andrew Schelitzche

24 Years of Experience
Maple Grove, MN
1 DisclosureBroker

Andrew Schelitzche is a CFP, ChFC-designated registered investment advisor at LPL Financial LLC, based in Maple Grove, MN, with 24 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

Loading...

Location

11290 86th Ave N, Maple Grove, MN, 55369

Get directions

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.
Employment Separation After Allegations
July 2003
Other Business Activities

Andrew is the owner of Schelitzche Group, Inc., a business entity for tax/investment purposes, since 2017. He also owns ZZ Properties, LLC, a real estate rental business, and spends about a quarter of his time on Manifest, a DBA for his LPL business.

Employment History
Current Registrations
LPL Financial LLC
July 2021 - Present · 4 yrs 10 mos
LPL Financial LLCBroker
July 2021 - Present · 4 yrs 10 mos
Previous Registrations
Waddell & Reed
May 2010 - July 2021 · 11 yrs 2 mos
Waddell & Reed, INC.
October 2005 - December 2009 · 4 yrs 2 mos
Waddell & ReedBroker
August 2003 - July 2021 · 17 yrs 11 mos
American Express Financial Advisors INC.Broker
March 2001 - August 2003 · 2 yrs 5 mos
Ids Life Insurance CompanyBroker
March 2001 - August 2003 · 2 yrs 5 mos
State Registrations24 states
AZCACOFLGAIAILINMIMNMOMTNCNJNVOKORSCSDTNTXVAWAWI
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.
Andrew Schelitzche - Financial Advisor | TrueAdvisor