Alf Markussen
Alf Markussen is a registered investment advisor at LPL Enterprise, LLC, based in Malvern, PA, with 2 years of industry experience. Alf 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
110 Phoenixville Pike, Suite 100, Malvern, PA, 19355
Get directionsHistory
Regulatory History (3)
Financial
August 2022Regulatory
March 2014Judgment / Lien
August 2009Other Business ActivitiesSells Insurance
Alf is an advisor for Prudential Advisors, focusing on property and casualty insurance, dedicating minimal time to this role. Alf also owns Markussen Associates, a business entity for tax/investment purposes, also requiring minimal time.
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations3 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.