Walter Smith is a ChFC-designated registered investment advisor at LPL Enterprise, LLC, based in Tucson, AZ, with 18 years of industry experience. Walter 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
Average Client Portfolio
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
2 E Congress St., Suite 800, Tucson, AZ, 85701
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Regulatory History
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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Walter has three outside business activities: employment at Magellan Federal, tax preparation at CAVOK Tax Service, and volunteering at the Retiree Activities Office. These activities take minimal time, a few hours per week, and about 10-20% of his time, respectively.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Nylife Securities LLCBroker
Farmers Financial Solutions, LLCBroker
Avantax Advisory Services
Avantax Investment Services, INC.Broker
PFS Investments INC.Broker
PFS Investments INC.Broker
State Registrations11 states
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