EA
EA

Erick Arndt

22 Years of Experience
Stevenson Ranch, CA
1 DisclosureBroker

Erick Arndt is a registered investment advisor at LPL Financial LLC, based in Stevenson Ranch, CA, 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
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

Stevenson Ranch, CA

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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.
Customer Dispute
December 2004
Withdrawn
Other Business Activities

Erick operates Virtue Wealth Management as a DBA for his LPL business since 2013 and Retirement Partners of California as another LPL DBA since 2019, dedicating full-time hours to the latter. He also engages in estate planning through Virtue Wealth Management, spending minimal time on it.

Employment History
Current Registrations
LPL Financial LLC
January 2013 - Present · 13 yrs 4 mos
LPL Financial LLCBroker
January 2013 - Present · 13 yrs 4 mos
Previous Registrations
Primerica Advisors
October 2011 - November 2012 · 1 yr 1 mo
PFS Investments INC.Broker
October 2003 - November 2012 · 9 yrs 1 mo
State Registrations5 states
CAMANHNVTX
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.
Erick Arndt - Financial Advisor | TrueAdvisor