Richard Ackerman is a registered investment advisor at LPL Financial LLC, based in Ellisville, MO, with 11 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
16290 Westwoods Business Park, Ellisville, MO, 63021
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard coaches youth soccer, works as an advisory representative of a registered investment advisor (RIA), and acts as an agent for college admissions and funding planning. The RIA role takes about half of Richard's time, while the other activities take about 10-20% of his time each.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Cambridge Investment Research, INC.Broker
Cambridge Investment Research Advisors, INC.
Saxony Capital Management, LLC
Saxony Securities, INC.Broker
Equitable Distributors, LLCBroker
State Registrations9 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.