Steven Lorio is a registered investment advisor at LPL Financial LLC, based in Bedford, TX, with 22 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
2116 Parkwood Drive, Bedford, TX, 76021
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Steven operates under several DBAs for his LPL business, including Lorio Wealth Management, 401(k) University, and Rethin(k) 401(k). He is also a notary public and owns Lorio Arms Dealers, LLC, dedicating minimal time to notary services and a few hours per week to the LLC.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Fidelity Investments Institutional Services Company, INC.Broker
Strategic Advisers, INC.
Fidelity Brokerage Services LLCBroker
American Express Financial Advisors, INC.
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations5 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.