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Reece Cernoch

LPL Financial LLC
15 Years of Experience
Giddings, TX
1 DisclosureBrokerSells Insurance
View SEC Summary
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Reece Cernoch is a registered investment advisor at LPL Financial LLC, based in Giddings, TX, with 15 years of industry experience. Reece is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1442 E. Austin Street, Giddings, TX, 78942

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2018
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Reece operates Round Top State Financial Services as a DBA for his LPL business. He also manages real estate rental properties and works as an agent selling health and disability insurance for AFLAC, dedicating minimal time to each of these activities.

Employment History
Current Registrations
LPL Financial LLC
June 2012 - Present · 14 yrs 4 mos
LPL Financial LLC
June 2012 - Present · 14 yrs 4 mos
LPL Financial LLCBroker
June 2012 - Present · 14 yrs 4 mos
Previous Registrations
Edward Jones
November 2010 - November 2011 · 1 yr
Edward JonesBroker
November 2010 - November 2011 · 1 yr
State Registrations4 states
CAILLATX
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.
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