Steven Strum is a registered investment advisor at LPL Financial LLC, based in Dixon, IL, 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
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
319 W 1st St, Dixon, IL, 61021-2932
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Steven operates Nicklaus Financial Service, LLC as a DBA for his LPL business, dedicating nearly full-time hours to it. He also provides tax preparation and planning services through the same entity, spending about 10-20% of his time on this. Additionally, Steven works as a notary, spending minimal time notarizing forms for clients.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
State Registrations2 states
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