Robert Petrocine
Robert Petrocine is a registered investment advisor at LPL Enterprise, LLC, based in Verona, NJ, with 45 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
25 Pompton Avenue, Suite 101, Verona, NJ, 07044
Get directionsHistory
Regulatory History (4)
Customer Dispute
July 2009Customer Dispute
August 2000Customer Dispute
December 1988Employment Separation After Allegations
July 1984Other Business ActivitiesSells Insurance
Robert sells and services fixed insurance products as an independent agent. He also holds power of attorney for his mother and is a member of the Glenridge Country Club membership committee.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Equitable Advisors, LLC
Equitable Advisors, LLCBroker
Ameriprise Financial Services, INC.Broker
Ameriprise Financial Services, LLC.
Morgan Stanley Smith Barney LLC
Morgan Stanley Smith BarneyBroker
Morgan Stanley & CO. IncorporatedBroker
Morgan Stanley & CO. Incorporated
Morgan Stanley
Morgan Stanley Dw INC.Broker
Philips, Appel & Walden, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Prudential-Bache Securities INC.Broker
Northfield Investments INC.Broker
First Jersey Securities, INC.Broker
State Registrations16 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.