DS
DS

Derek Sebastian

7 Years of Experience
Fort Wayne, IN
Broker

Derek Sebastian is a registered investment advisor at LPL Financial LLC, based in Fort Wayne, IN, with 7 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

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.

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Location

6302 E. State Blvd., Fort Wayne, IN, 46815

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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.

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Other Business Activities

Derek works for Flagstar Wealth Services as a DBA for LPL business and as a Sr. Registered Relationship Banker for Flagstar Bank. He spends all of his time in these investment-related roles.

Employment History
Current Registrations
LPL Financial LLCBroker
February 2024 - Present · 2 yrs 7 mos
LPL Financial LLC
February 2024 - Present · 2 yrs 7 mos
Previous Registrations
Osaic Institutions, INC.Broker
January 2019 - February 2024 · 5 yrs 1 mo
Osaic Institutions, INC.
January 2019 - February 2024 · 5 yrs 1 mo
Wells Fargo Clearing Services, LLC
May 2018 - December 2018 · 7 mos
Wells Fargo Clearing Services, LLCBroker
April 2018 - December 2018 · 8 mos
State Registrations1 state
IN
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.
Derek Sebastian - Financial Advisor | TrueAdvisor