Phillip Thornberry
Phillip Thornberry is a registered investment advisor at LPL Enterprise, LLC, based in Atlanta, GA, with 20 years of industry experience. Phillip 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
3343 Peachtree Road, N.E., Suite 700, Atlanta, GA, 30326
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Regulatory History (1)
Regulatory
January 2012Other Business ActivitiesSells Insurance
Phillip is a business owner at Odyssey Consulting Partners, LLC, providing sales consulting to the elder care community, dedicating minimal time. Phillip is also involved with Cornerstone Financial Partners, LLC, an insurance and financial services DBA for LPL business, spending nearly full-time hours.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
State Registrations31 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.