LF
LF

Lorraine Frownfelter

10 Years of Experience
Erie, PA
2 DisclosuresBrokerSells Insurance

Lorraine Frownfelter is a registered investment advisor at Bankers Life Advisory Services, INC., based in Erie, PA, with 10 years of industry experience. Lorraine 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 14,314 clients with $2.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
534 advisors
Number of Clients
14,314 clients
Average Client Portfolio
$174K average
Assets Under Management
$2.5B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Fees range from 0.50% to 2.50% annually and are negotiable based on portfolio size and other business considerations.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

3939 West Ridge Road Suite B-8, Erie, PA, 16502

Get directions

History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2025
Denied
Customer Dispute
May 2020
Closed-No Action
Other 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.
August 2017 - Present · 9 yrs 2 mos
Bankers Life Securities, INC.Broker
August 2016 - Present · 10 yrs 2 mos
State Registrations4 states
AZNYOHPA
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.
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