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Thomas Lofy

LPL Financial LLC
24 Years of Experience
Phoenix, AZ
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Thomas Lofy is a registered investment advisor at LPL Financial LLC, based in Phoenix, AZ, with 24 years of industry experience. Thomas 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

11120 N. Tatum Blvd, Suite 101, Phoenix, AZ, 85028

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History

Regulatory History (1)
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.
Regulatory
November 1999
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Thomas is a notary public, an independent insurance agent selling various insurance products, and owns multiple businesses including real estate rental properties, a law firm, a CPA firm, and other entities. He dedicates about 10-20% of his time to the law firm and a few hours per week to tax preparation and insurance sales.

Employment History
Current Registrations
LPL Financial LLC
April 2013 - Present · 13 yrs 6 mos
LPL Financial LLCBroker
March 2003 - Present · 23 yrs 7 mos
Previous Registrations
LPL Financial LLC
June 2003 - December 2011 · 8 yrs 6 mos
H.D. Vest Investment ServicesBroker
December 2001 - April 2003 · 1 yr 4 mos
State Registrations22 states
ALAZCACOFLGAHIIDILMDMIMNMONCNMNYOHSDTXVAWAWY
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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