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Murad Royal

26 Years of Experience
Chelmsford, MA
Broker

Murad Royal is a registered investment advisor at LPL Financial LLC, based in Chelmsford, MA, with 26 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.

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Location

297 Billerica Road, Chelmsford, MA, 01824

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Murad operates a DBA for his LPL business, Digital Investment Services, since 2021. He also has a home-based Etsy account and works as a Program Manager at Digital Federal Credit Union, dedicating a few hours per week to this role.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 4 yrs 9 mos
LPL Financial LLC
July 2021 - Present · 4 yrs 10 mos
LPL Financial LLCBroker
July 2021 - Present · 4 yrs 10 mos
Previous Registrations
Citizens Securities, INC.Broker
January 2015 - June 2021 · 6 yrs 5 mos
Citizens Investment Services
January 2015 - June 2021 · 6 yrs 5 mos
LPL Financial LLCBroker
March 2010 - January 2015 · 4 yrs 10 mos
LPL Financial LLC
March 2010 - January 2015 · 4 yrs 10 mos
TD Wealth Management Services INC.
November 2009 - March 2010 · 4 mos
TD Wealth Management Services INC.Broker
November 2009 - March 2010 · 4 mos
Primevest Financial Services, INC.
May 2008 - November 2009 · 1 yr 6 mos
Bancnorth Investment Group, INC.Broker
April 2008 - November 2009 · 1 yr 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 2007 - April 2008 · 1 yr 2 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
February 2007 - April 2008 · 1 yr 2 mos
John Hancock Advisers, LLC
September 2004 - December 2006 · 2 yrs 3 mos
Mfc Global Investment Management (U.S.), LLC
September 2004 - December 2006 · 2 yrs 3 mos
John Hancock Funds, LLCBroker
November 2000 - December 2006 · 6 yrs 1 mo
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 1998 - March 2000 · 1 yr 7 mos
State Registrations22 states
CACTFLGAILMAMDMEMIMONCNHNJNYPARISCSDTNTXVAWY
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.
Murad Royal - Financial Advisor | TrueAdvisor