Fernando Montemayor
Fernando Montemayor is a registered investment advisor at LPL Financial LLC, based in Laredo, TX, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
5800 San Dario Ave, Laredo, TX, 78040
Get directionsHistory
Regulatory History (1)
Customer Dispute
June 2009Other Business ActivitiesSells Insurance
Fernando operates under DBAs IBC Investment Services and Financial Resources Group. He also processes life, health, disability, and long-term care insurance business through IBC Insurance Agency, spending minimal time on this. Additionally, Fernando co-owns rental property and undeveloped land with his father and has a business entity for tax/investment purposes.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Ifmg Securities, INC.
Ifmg Securities, INC.Broker
UBS Painewebber INC.
UBS Painewebber INC.Broker
State Registrations6 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.