Scott Sumner is a registered investment advisor at LPL Financial LLC, based in Rochester Hills, MI, 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
730 S Rochester Rd, Rochester Hills, MI, 48307
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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.
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Scott is involved in several business activities, including Schafer Wealth Management (DBA for LPL business), notary services, Advance Planning LLC, Thrift Realty INC, Momentum Equity LLC, Sumner & Associates (attorney/legal services), and 730 Associates LLC (real estate rental). Schafer Wealth Management and Sumner & Associates take up nearly all of Scott's time.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Spc
Sigma Financial CorporationBroker
State Registrations1 state
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