LW
CFP
LW
CFP

Laura Wamre

24 Years of Experience
Albuquerque, NM
Broker

Laura Wamre is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Albuquerque, NM, with 24 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3079 advisors
Number of Clients
399,450 clients
Average Client Portfolio
$525K average
Assets Under Management
$209.7B

Fee Structure

Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.

Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.

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Location

Albuquerque, NM

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Laura works as a ticket teller at The Downs of Albuquerque since May 2021. She is also a co-owner of Eat Pray Run, LLC, a horse racing and rehab business, since November 2021, but dedicates no time to it during business hours.

Employment History
Current Registrations
Commonwealth Financial NetworkBroker
December 2023 - Present · 2 yrs 5 mos
Commonwealth Financial Network
December 2023 - Present · 2 yrs 5 mos
Previous Registrations
Mutual Advisors, LLC
April 2018 - December 2023 · 5 yrs 8 mos
Cloak Advisors
February 2017 - July 2018 · 1 yr 5 mos
Mutual Securities, INC.Broker
July 2016 - December 2023 · 7 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 2013 - July 2016 · 3 yrs
Morgan Stanley
June 2009 - July 2013 · 4 yrs 1 mo
Morgan StanleyBroker
June 2009 - July 2013 · 4 yrs 1 mo
Citigroup Global Markets INC.Broker
March 2007 - June 2009 · 2 yrs 3 mos
Citigroup Global Markets INC.
March 2007 - June 2009 · 2 yrs 3 mos
Merrill Lynch Pierce Fenner & Smith INC.
February 2001 - May 2006 · 5 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2000 - May 2006 · 5 yrs 7 mos
State Registrations8 states
AZCACOFLILINNMOH
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.