Jeffrey Newitt
Jeffrey Newitt is a CFP-designated registered investment advisor at LPL Enterprise, LLC, based in El Segundo, CA, with 19 years of industry experience. Jeffrey 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
222 N Pacific Coast Hwy, Suite 2000, El Segundo, CA, 90245
Get directionsHistory
Regulatory History (2)
Customer Dispute
April 2012Criminal
September 2001Other Business ActivitiesSells Insurance
Jeffrey operates under the DBAs ISC Financial & Insurance Services for his LPL business and Independent Services Consultants, LLC, offering fixed insurance, health, and Medicare supplement products. These activities require minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Metlife Securities INC.
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations6 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.