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CFP
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CFP

Richard Donahue

LPL Financial LLC
60 Years of Experience
Ferndale, WA
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Richard Donahue is a CFP-designated registered investment advisor at LPL Financial LLC, based in Ferndale, WA, with 60 years of industry experience. Richard 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 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

5060 Pacific Hwy, Ste 101, Ferndale, WA, 98248

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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
April 2004
Denied
Regulatory
October 1980
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Richard operates his LPL business through Asset Advisors LLC since 1996. He also engages in insurance activities, dedicating a few hours per week, and owns F & D 5060 LLC, a real estate rental business, spending minimal time on it.

Employment History
Current Registrations
LPL Financial LLCBroker
July 2023 - Present · 3 yrs 3 mos
LPL Financial LLC
July 2023 - Present · 3 yrs 3 mos
Previous Registrations
Cetera Advisor Networks LLCBroker
January 2017 - June 2020 · 3 yrs 5 mos
Cetera Advisor Networks LLC
January 2017 - January 2017 · 0 mos
Cwm, LLC
September 2015 - July 2023 · 7 yrs 10 mos
LPL Financial LLC
December 1991 - September 2016 · 24 yrs 9 mos
Asset Advisors, LLC
October 1984 - December 2007 · 23 yrs 2 mos
LPL Financial LLCBroker
January 1982 - January 2017 · 35 yrs
P.W. Securities, INC.Broker
September 1980 - March 1982 · 1 yr 6 mos
Kms Financial Services, INC.Broker
August 1971 - October 1980 · 9 yrs 2 mos
Frank Russell CO., INC.Broker
September 1966 - September 1971 · 5 yrs
State Registrations6 states
AKAZCOORTXWA
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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