Steven Herweyer
Steven Herweyer is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Schenectady, NY, with 19 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
242 Union St, 1st Fl Unit 11, Schenectady, NY, 12305
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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
Steven operates his LPL business under the DBA Herweyer Financial and co-owns rental real estate, dedicating minimal time to the latter. He also sells non-variable insurance products, including life, disability, LTC, medicare, fixed annuities, and accident/critical illness, which takes about a quarter of his time.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
H. Beck, INC.
H. Beck, INC.Broker
Fsc Securities CorporationBroker
Invest Financial CorporationBroker
State Registrations12 states
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