Clarence Mcclain is a registered investment advisor at LPL Financial LLC, based in Memphis, TN, with 9 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
4990 Poplar Ave, Memphis, TN, 38117
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Clarence is involved with McClain Financial Group LLC, a holding company managing risk for LMM Wellness, LLC, a medical weight loss clinic. He also serves as a limited partner in LMM Wellness, dedicating a few hours per week to these activities.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
First Horizon Advisors, INC.Broker
First Horizon Advisors, INC
Fidelity Personal and Workplace Advisors
Fidelity Brokerage Services LLCBroker
Cetera Investment Advisers LLC
Cetera Investment Services LLCBroker
Raymond James & Associates, INC.
Raymond James & Associates, INC.Broker
CUNA Brokerage Services, INC.
CUNA Brokerage Services, INC.Broker
Cetera Investment Services LLCBroker
Cetera Investment Advisers LLC
Northwestern Mutual Investment Services,llc
Northwestern Mutual Investment Services, LLCBroker
Nylife Securities LLCBroker
Securian Financial Services, INC.Broker
State Registrations8 states
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.