TD
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Thomas Druelinger

10 Years of Experience
Amherst, NY
Broker

Thomas Druelinger is a registered investment advisor at LPL Financial LLC, based in Amherst, NY, with 10 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

3500 Main Street, Amherst, NY, 14226

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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 Activities

Thomas operates under two DBAs for his LPL business: M&T Financial Services since 2021 and Wilmington Advisors at M&T (WAAM) since 2023. These activities are investment-related and take nearly full-time hours.

Employment History
Current Registrations
LPL Financial LLC
December 2021 - Present · 4 yrs 5 mos
LPL Financial LLC
December 2021 - Present · 4 yrs 5 mos
LPL Financial LLCBroker
December 2021 - Present · 4 yrs 5 mos
Previous Registrations
Cadaret Grant & CO INC
December 2017 - July 2021 · 3 yrs 7 mos
Cadaret, Grant & CO., INC.Broker
December 2017 - July 2021 · 3 yrs 7 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2014 - December 2017 · 3 yrs
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 2014 - December 2017 · 3 yrs 1 mo
State Registrations12 states
CACOFLGAMDNCNYOHPASCTXVA
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.