Spencer Rand
Spencer Rand is a CFP-designated registered investment advisor at LPL Financial LLC, based in Monterey, CA, with 18 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
80 Garden Ct Ste 250, Monterey, CA, 93940
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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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Spencer is an officer/director at Rand, Williams & Associates, LLC, and a partner at Rand, Williams & Associates, LLC, both financial planning and investment management firms, dedicating full-time hours to each. He also serves as a registered investment advisor and co-trustee of the Rand Family Living Trust, spending minimal time on the trust and a few hours per week as an advisor.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Osaic Wealth, INC.
Rand, Williams & Associates, LLC
Rand, Williams & Associates
Osaic Wealth, INC.Broker
Wells Fargo Investments, LLC
Wells Fargo Investments, LLCBroker
Waddell & Reed, INC.
Waddell & Reed, INC.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.