TC
TC

Thomas Cherington

45 Years of Experience
Quincy, IL
3 DisclosuresBrokerSells Insurance

Thomas Cherington is a registered investment advisor at LPL Financial LLC, based in Quincy, IL, with 45 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

1903 Jefferson St, Quincy, IL, 62301

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History

Regulatory History (3)
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
October 2013
Settled
Regulatory
August 1995
Final
Regulatory
July 1989
Final
Other Business ActivitiesSells Insurance

Thomas operates Investors Financial Services as a DBA for his LPL business, dedicating full-time hours to this investment-related activity. He also engages in non-variable insurance activities through Investors Financial Services, also dedicating full-time hours.

Employment History
Current Registrations
LPL Financial LLCBroker
November 2023 - Present · 2 yrs 6 mos
LPL Financial LLC
November 2023 - Present · 2 yrs 6 mos
Previous Registrations
Bates Financial Advisors, INC.
June 2017 - November 2023 · 6 yrs 5 mos
Bates Financial Advisors, INC.
June 2017 - December 2017 · 6 mos
Bates Securities, INC.Broker
April 1985 - November 2023 · 38 yrs 7 mos
Ids Marketing CorporationBroker
February 1980 - May 1984 · 4 yrs 3 mos
Ids Life Insurance CompanyBroker
February 1980 - May 1984 · 4 yrs 3 mos
Ids/american Express INC.Broker
February 1980 - May 1984 · 4 yrs 3 mos
State Registrations21 states
ARAZCACOFLGAHIIAILINMEMIMNMOMSNJNVORSDTXWA
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.
Thomas Cherington - Financial Advisor | TrueAdvisor