LB
LB

Leonard Brown

2 Years of Experience
St Louis Park, MN
2 DisclosuresBroker

Leonard Brown is a registered investment advisor at LPL Enterprise, LLC, based in St Louis Park, MN, with 2 years of industry experience. Leonard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 102,563 clients with $25B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3138 advisors
Number of Clients
102,563 clients
Average Client Portfolio
$243K average
Assets Under Management
$24.9B

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.35%

Maximum advisory fee for Model Wealth Portfolios is 2.35% and is negotiable, plus manager fees ranging from 0% to 0.60%. Third-party asset management fees typically max out at 2.0%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

600 Highway 169, Suite 1000, St Louis Park, MN, 55426

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History

Regulatory History (2)
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Financial
September 2025
Final
Financial
November 2024
Final
Employment History
Current Registrations
LPL Enterprise, LLC
August 2026 - Present · 2 mos
LPL Enterprise, LLCBroker
August 2026 - Present · 2 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
October 2023 - August 2026 · 2 yrs 10 mos
Equitable Advisors, LLCBroker
May 2022 - June 2022 · 1 mo
State Registrations1 state
MN
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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