Carl Newman is a CFP-designated registered investment advisor at LPL Financial LLC, based in Longview, TX, 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
222 N Fredonia St, Longview, TX, 75601
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Carl is involved in several business activities, including TBT Financial Services and Capital Wealth Group (DBAs for his LPL business), JMCC Investments LLC, 222 N FREDONIA LLC (real estate rental), and Balderrama Properties. He also co-owns Thurston, Owens & Newman, LLC (commercial refrigeration) and Southwest Restaurant & Beverage Solutions, dedicating minimal time to each of the real estate and co-ownership activities, and full-time to Capital Wealth Group.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Morgan StanleyBroker
Morgan Stanley
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
State Registrations21 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.