RJ
RJ

Randal Johnsrud

24 Years of Experience
Rochester, MN
BrokerSells Insurance

Randal Johnsrud is a registered investment advisor at LPL Financial LLC, based in Rochester, MN, with 24 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

3425 40th Ave NW Suite 110, Rochester, MN, 55901

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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 ActivitiesSells Insurance

Randal is involved with non-variable insurance through RoundTable Wealth Partners since January 2022, dedicating minimal time. He also has a DBA for his LPL business since April 2019.

Employment History
Current Registrations
LPL Financial LLC
July 2021 - Present · 4 yrs 10 mos
LPL Financial LLCBroker
July 2021 - Present · 4 yrs 10 mos
Previous Registrations
Waddell & Reed
November 2013 - July 2021 · 7 yrs 8 mos
Waddell & ReedBroker
November 2013 - July 2021 · 7 yrs 8 mos
Park Avenue Securities LLC
May 2012 - November 2013 · 1 yr 6 mos
Park Avenue Securities LLCBroker
June 2001 - November 2013 · 12 yrs 5 mos
State Registrations13 states
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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.
Randal Johnsrud - Financial Advisor | TrueAdvisor