AG
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Alexander Groth

16 Years of Experience
Spicewood, TX
BrokerSells Insurance

Alexander Groth is a registered investment advisor at LPL Financial LLC, based in Spicewood, TX, with 16 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

5324 Reimers Rd Bldg 1 Unit A, Spicewood, TX, 78669

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History

Regulatory History
Clean regulatory record

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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Other Business ActivitiesSells Insurance

Alexander operates Spring Line Wealth Partners, LLC as a DBA for his LPL business. He is also an agent selling life, health, disability, fixed annuities, and LTC insurance, and has business entities for tax/investment purposes.

Employment History
Current Registrations
LPL Financial LLC
January 2023 - Present · 3 yrs 4 mos
LPL Financial LLCBroker
January 2023 - Present · 3 yrs 4 mos
Previous Registrations
Spearhead Capital, LLCBroker
January 2021 - April 2022 · 1 yr 3 mos
Kestra Advisory Services, LLC
April 2016 - October 2019 · 3 yrs 6 mos
NFP Advisor Services, LLC
August 2014 - September 2016 · 2 yrs 1 mo
Kestra Investment Services, LLCBroker
August 2014 - October 2019 · 5 yrs 2 mos
LPL Financial LLC
November 2011 - August 2014 · 2 yrs 9 mos
LPL Financial LLCBroker
October 2011 - August 2014 · 2 yrs 10 mos
Thrivent Investment Management INC.
March 2009 - November 2010 · 1 yr 8 mos
Thrivent Investment Management INC.
July 2007 - February 2009 · 1 yr 7 mos
Thrivent Investment Management INC.Broker
June 2007 - October 2011 · 4 yrs 4 mos
State Registrations4 states
CAIATXWI
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Alexander Groth - Financial Advisor | TrueAdvisor