David Hershman is a registered investment advisor at LPL Financial LLC, based in Franklin, TN, 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
Franklin, TN
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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David owns rental real estate property through Cagle and Hershman Properties LLC, dedicating minimal time to it. He also operates Hershman Wealth Management as a DBA for his LPL business, spending full-time hours on it.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Independent Financial Partners
LPL Financial LLC
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Edward Jones
Edward JonesBroker
State Registrations13 states
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