Jaime Torres
Jaime Torres is a registered investment advisor at LPL Enterprise, LLC, based in Lamoine, ME, with 21 years of industry experience. Jaime operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
Lamoine, ME
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Jaime provides servicing on client's non-variable insurance policies and contracts through Fidelity & Guaranty Insurance since 2022. This activity requires minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Cetera Investment Advisers LLC
Cetera Investment Services LLCBroker
Edward Jones
Edward JonesBroker
Bancwest Investment Services, INC. (bwis)
Bancwest Investment Services, INC.Broker
Morgan Stanley
Morgan StanleyBroker
RBC Capital Markets, LLCBroker
RBC Capital Markets, LLC
J.P. Morgan Securities LLCBroker
Spire Securities, LLCBroker
Spire Wealth Management, LLC
Deutsche Bank Securities INC.Broker
Citigroup Global Markets INC.Broker
State Registrations7 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.