Thomas Engen is a registered investment advisor at LPL Financial LLC, based in Spearfish, SD, with 11 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
115 N 7th St Ste 1, Spearfish, SD, 57783-2725
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Thomas operates Financial Advisors of the Black Hills as a DBA for his LPL business, spending about half his time on it. He also has a business entity, AM Securities, Inc., for tax/investment purposes, dedicating about a quarter of his time during securities trading hours.
Employment History
Current Registrations
LPL Financial LLC
LPL Financial LLCBroker
State Registrations12 states
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