TrueAdvisor
TrueAdvisor
AD
CFP
AD
CFP

Albert Delorenzo

LPL Financial LLC
53 Years of Experience
Newburgh, NY
BrokerSells Insurance
View SEC Summary
View SEC Summary

Albert Delorenzo is a CFP-designated registered investment advisor at LPL Financial LLC, based in Newburgh, NY, with 53 years of industry experience. Albert 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

276 Route 17K, Newburgh, NY, 12550-2318

Get directions

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.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Albert is involved in several outside business activities, including tax preparation/accounting, operating under DeLorenzo Financial Planning Associates as a DBA for LPL business, and selling non-variable insurance through various companies, dedicating about 10-20% of his time. He also works as a high school baseball umpire and is a notary public.

Employment History
Current Registrations
LPL Financial LLC
July 2020 - Present · 6 yrs 3 mos
LPL Financial LLCBroker
October 1991 - Present · 35 yrs
Previous Registrations
Ing Financial Advisers, LLCBroker
October 1993 - April 2004 · 10 yrs 6 mos
Aetna Life Insurance and Annuity CompanyBroker
February 1992 - October 1993 · 1 yr 8 mos
American Express Financial Advisors INC.Broker
October 1972 - October 1991 · 19 yrs
Ids Life Insurance CompanyBroker
October 1972 - October 1991 · 19 yrs
Ids Financial Services INC.Broker
October 1972 - December 1986 · 14 yrs 2 mos
State Registrations22 states
ARAZCACTDEFLGAILMAMDMENCNHNJNYOHPASCTNTXVAVT
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.
More Advisors
More financial advisors in Newburgh, NY →All financial advisors in New York →