Premnauth Persaud is a registered investment advisor at LPL Financial LLC, based in Concord, CA, with 21 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
1969 Diamond Blvd, Concord, CA, 94520
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Premnauth works as a Senior Premier Relationship Manager for BMO Investment Services and also manages his LPL business through BMO Investment Services, dedicating nearly all of his time to these activities. He also owns rental properties, spending minimal time on this endeavor.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Morgan Stanley
Morgan StanleyBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
J.P. Morgan Securities LLCBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Banc of America Investment Services, INC.Broker
State Registrations1 state
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