Frank Mastrosimone
Frank Mastrosimone is a registered investment advisor at LPL Enterprise, LLC, based in Basking Ridge, NJ, with 49 years of industry experience. Frank operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
110 Allen Road, 2nd Floor, Basking Ridge, NJ, 07920
Get directionsHistory
Regulatory History (4)
Customer Dispute
August 2021Regulatory
August 1987Regulatory
November 1986Criminal
November 1983Other Business Activities
Frank occasionally assists his wife with her real estate transactions through Weichert Realtors. This activity, which is investment-related, takes minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Royal Alliance Associates, INC.
Royal Alliance Associates, INC.Broker
Financial Network Investment CorporationBroker
Pennsylvania Securities CompanyBroker
Greentree Securities CORP.Broker
Bond, Richman & CO., INC.Broker
Philips, Appel & Walden, INC.Broker
Mayhill Agency, INC.Broker
Mayflower Securities CO., INC.Broker
State Registrations3 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.