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SB
CFP
SB
CFP

Spencer Butterbrodt

LPL Financial LLC
6 Years of Experience
Milwaukee, WI
BrokerSells Insurance
View SEC Summary
View SEC Summary

Spencer Butterbrodt is a CFP-designated registered investment advisor at LPL Financial LLC, based in Milwaukee, WI, with 6 years of industry experience. Spencer 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
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Location

555 W Brown Deer Rd, Milwaukee, WI, 53217

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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 ActivitiesSells Insurance

Spencer operates Synergy Bound Wealth Management as a DBA for his LPL business, dedicating full-time hours to it. He also works as an independent agent for Synergy Bound Insurance, spending about a quarter of his time on this activity, and performs notary services for minimal time each month.

Employment History
Current Registrations
LPL Financial LLC
January 2024 - Present · 2 yrs 9 mos
LPL Financial LLC
January 2024 - Present · 2 yrs 9 mos
LPL Financial LLCBroker
January 2024 - Present · 2 yrs 9 mos
Previous Registrations
J.P. Morgan Securities LLC
November 2021 - January 2024 · 2 yrs 2 mos
J.P. Morgan Securities LLCBroker
January 2020 - January 2024 · 4 yrs
State Registrations9 states
AZCAFLILMIMNOHTXWI
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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