Lawrence Potomac
Lawrence Potomac is a registered investment advisor at LPL Financial LLC, based in San Diego, CA, 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
San Diego, CA
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Regulatory History (1)
Customer Dispute
January 2020Other Business ActivitiesSells Insurance
Lawrence sells non-variable insurance products including life, disability, long-term care, and fixed annuities, dedicating minimal time to this activity. He also owns commercial rental properties and operates Potomac Financial Strategies as a DBA for his LPL business, spending full-time hours on this.
Employment History
Current Registrations
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Associated Securities CORP.Broker
Associated Securities CORP.
Sagepoint Financial, INC.Broker
Financial Insight Corporation
Sunamerica Securities, INC.Broker
Anchor National Financial Services, INC.Broker
Private Ledger Financial Services, IncorporatedBroker
Investment Marketing, INC.Broker
State Registrations20 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.