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Shomir Mukherjee

LPL Financial LLC
26 Years of Experience
Westlake Village, CA
5 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Shomir Mukherjee is a registered investment advisor at LPL Financial LLC, based in Westlake Village, CA, with 26 years of industry experience. Shomir 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

2555 Townsgate Rd Ste 300, Westlake Village, CA, 91361

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History

Regulatory History (5)
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
January 2026
Settled
Customer Dispute
March 2023
Settled
Customer Dispute
June 2022
Settled
Customer Dispute
June 2021
Denied
Employment Separation After Allegations
February 2015
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Shomir is an agent for accident & health, life, and variable insurance products. He is also the President of Samana Business Design Inc., an S Corporation for tax purposes.

Employment History
Current Registrations
LPL Financial LLC
June 2025 - Present · 1 yr 4 mos
LPL Financial LLC
June 2025 - Present · 1 yr 4 mos
LPL Financial LLCBroker
June 2025 - Present · 1 yr 4 mos
Previous Registrations
Western International Securities
February 2015 - June 2025 · 10 yrs 4 mos
Western International Securities, INC.Broker
February 2015 - June 2025 · 10 yrs 4 mos
Citigroup Global Markets INC.Broker
May 2007 - February 2015 · 7 yrs 9 mos
Citigroup Global Markets INC.
May 2007 - February 2015 · 7 yrs 9 mos
Citicorp Investment Services
June 2002 - May 2007 · 4 yrs 11 mos
Citicorp Investment ServicesBroker
November 2001 - May 2007 · 5 yrs 6 mos
Salomon Smith Barney INC.Broker
March 2001 - December 2001 · 9 mos
Painewebber IncorporatedBroker
March 2000 - January 2001 · 10 mos
State Registrations4 states
CANVNYTX
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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