AP
AP

Abidemi Payne

8 Years of Experience
Warwick, RI
BrokerSells Insurance

Abidemi Payne is a registered investment advisor at LPL Enterprise, LLC, based in Warwick, RI, with 8 years of industry experience. Abidemi is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3131 advisors
Number of Clients
102,563 clients
Average Client Portfolio
$243K average
Assets Under Management
$24.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.35%

Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...

Location

475 Kilvert Street, Suite 135, Warwick, RI, 02886

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

Abidemi owns Demievents, an event management and decoration business, and is also an employee at People Ready, a temp agency. Additionally, Abidemi is an agent selling health insurance, dedicating a few hours per week to this activity.

Employment History
Current Registrations
LPL Enterprise, LLC
November 2024 - Present · 1 yr 11 mos
LPL Enterprise, LLCBroker
November 2024 - Present · 1 yr 11 mos
Previous Registrations
Prudential Financial Planning Services
July 2024 - November 2024 · 4 mos
Pruco Securities, LLC.Broker
July 2024 - November 2024 · 4 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
April 2018 - June 2024 · 6 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 2018 - June 2024 · 6 yrs 5 mos
State Registrations1 state
RI
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