Lorraine Frownfelter
Lorraine Frownfelter is a registered investment advisor at Bankers Life Advisory Services, INC., based in Erie, PA, with 9 years of industry experience. Lorraine operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.
Location
3939 West Ridge Road Suite B-8, Erie, PA, 16502
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2025Customer Dispute
May 2020Other Business ActivitiesSells Insurance
Lorraine holds a business partnership named "Lorlar" previously used for rental properties, but has not engaged in business under that name since 2013. She is also a Unit Field Trainer and Insurance Agent for Bankers Life and Casualty and Bankers Conseco Life Insurance Company, spending nearly full-time recruiting and training insurance agents and selling Medicare Supplement, Annuity and Equity Indexed annuity insurance products, life insurance, health and LTC.
Employment History
Current Registrations
Bankers Life Advisory Services, INC.
Bankers Life Securities, INC.Broker
State Registrations4 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.