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Maurice Schaefer

LPL Financial LLC
26 Years of Experience
Lexington, KY
1 DisclosureBroker
View SEC Summary
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Maurice Schaefer is a registered investment advisor at LPL Financial LLC, based in Lexington, KY, with 26 years of industry experience. Maurice is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

527 Wellington Way #225, Lexington, KY, 40503-1375

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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.
Customer Dispute
May 2015
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Maurice operates Keystone Financial Group as a DBA for his LPL business, dedicating full-time hours to it. He also has a business entity, John Schaefer and Associates, for tax/investment purposes, requiring minimal time.

Employment History
Current Registrations
LPL Financial LLCBroker
June 2023 - Present · 3 yrs 4 mos
LPL Financial LLC
June 2023 - Present · 3 yrs 4 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
November 2014 - June 2023 · 8 yrs 7 mos
J.P. Morgan Securities LLC
November 2014 - June 2023 · 8 yrs 7 mos
Tiaa-Cref Advice and Planning Services
March 2012 - October 2014 · 2 yrs 7 mos
Tiaa-Cref Individual & Institutional Services, LLCBroker
March 2012 - October 2014 · 2 yrs 7 mos
Fifth Third Securities, INC.
June 2007 - January 2012 · 4 yrs 7 mos
Fifth Third Securities, INC.Broker
April 2003 - January 2012 · 8 yrs 9 mos
Banc One Securities CorporationBroker
November 2000 - March 2003 · 2 yrs 4 mos
Charles Schwab & CO., INC.Broker
September 1999 - November 2000 · 1 yr 2 mos
State Registrations18 states
CAFLGAILINKYLANVNYOHOKSCTXVAVTWAWIWY
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.
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