NM
NM

Nilima Madan

25 Years of Experience
Port Washington, NY
1 DisclosureBroker

Nilima Madan is a registered investment advisor at LPL Financial LLC, based in Port Washington, NY, with 25 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

Port Washington, NY

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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
November 2008
Denied
Employment History
Current Registrations
LPL Financial LLCBroker
March 2010 - Present · 16 yrs 4 mos
LPL Financial LLC
March 2010 - Present · 16 yrs 4 mos
Previous Registrations
Citigroup Global Markets INC.
May 2007 - March 2010 · 2 yrs 10 mos
Citigroup Global Markets INC.Broker
May 2007 - March 2010 · 2 yrs 10 mos
Citicorp Investment Services
October 2004 - May 2007 · 2 yrs 7 mos
Citicorp Investment ServicesBroker
March 2000 - May 2007 · 7 yrs 2 mos
State Registrations8 states
CAFLMDNJNYPAVAWV
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.
Nilima Madan - Financial Advisor | TrueAdvisor