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LW
CFP
LW
CFP

Lewis Wallensky

LPL Financial LLC
57 Years of Experience
Los Angeles, CA
BrokerSells Insurance
View SEC Summary
View SEC Summary

Lewis Wallensky is a CFP-designated registered investment advisor at LPL Financial LLC, based in Los Angeles, CA, with 57 years of industry experience. Lewis 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

1880 Century Park E Ste 411, Los Angeles, CA, 90067

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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

Lewis is involved in several business activities, including a tax/investment business entity, serving as a non-profit board member, and acting as president of Wallensky Spatz & Associates (DBA for LPL business). He also provides financial planning and consulting services as a Registered Investment Advisor, dedicating about a quarter of his time to this.

Employment History
Current Registrations
LPL Financial LLC
November 2017 - Present · 8 yrs 11 mos
LPL Financial LLCBroker
November 2017 - Present · 8 yrs 11 mos
Lewis M. Wallensky Associates
January 2017 - Present · 9 yrs 9 mos
Previous Registrations
National Planning Corporation ("npc of America" in Fl & Ny)
September 2000 - November 2017 · 17 yrs 2 mos
National Planning CorporationBroker
March 2000 - November 2017 · 17 yrs 8 mos
Associated Securities CORP.Broker
June 1983 - March 2000 · 16 yrs 9 mos
American Pacific Securities CorporationBroker
December 1976 - June 1983 · 6 yrs 6 mos
1901 Century Financial CORP.Broker
November 1972 - February 1977 · 4 yrs 3 mos
American Pacific Distributors, INC.Broker
February 1969 - December 1972 · 3 yrs 10 mos
State Registrations22 states
AZCACOCTDCFLGAHIIDILMAMTNJNVNYOHORPASCTXVAWA
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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