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Danny Reeves

26 Years of Experience
Swansea, IL
Broker

Danny Reeves is a registered investment advisor at LPL Financial LLC, based in Swansea, IL, 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

2610 North Illinois Street, Swansea, IL, 62226

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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

Danny operates his LPL business through Wintrust Investments and FCB Banks, dedicating full-time hours to these activities. He also owns FitZone 161, spending a few hours per week on this investment-related business.

Employment History
Current Registrations
LPL Financial LLC
January 2025 - Present · 1 yr 4 mos
LPL Financial LLCBroker
January 2025 - Present · 1 yr 4 mos
Previous Registrations
Wintrust Investments
January 2007 - January 2025 · 18 yrs
Wintrust Investments LLCBroker
December 2006 - January 2025 · 18 yrs 1 mo
Wayne Hummer Asset Management Company
February 2002 - December 2006 · 4 yrs 10 mos
Focused Investments L.L.C.Broker
July 1999 - December 2006 · 7 yrs 5 mos
State Registrations30 states
ALARAZCACOFLGAIDILINKSKYMDMEMIMNMONCNMNVOHOKPASCTNTXUTVAWAWI
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.