Roy Carrera is a registered investment advisor at LPL Enterprise, LLC, based in Wauwatosa, WI, with 19 years of industry experience. Roy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
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Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
10000 W Innovation Drive, Suite 190, Wauwatosa, WI, 53226
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Roy owns rental real estate through his IRA, managed by a property manager, and serves on the board of directors for the Sports Car Club of America - Milwaukee Region. Both activities require minimal time and are not investment-related.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Bfc Planning, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
AXA Advisors, LLC
AXA Advisors, LLCBroker
Highland Investment Advisors LLC
Wells Fargo Funds Distributor, LLCBroker
Wells Fargo Funds Management, LLC
M&i Brokerage Services, INC.Broker
State Registrations15 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.