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Derek Froman

2 Years of Experience
Denver, CO
Broker

Derek Froman is a registered investment advisor at Robinhood Asset Management, based in Denver, CO, with 2 years of industry experience. Derek operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 252,664 clients with $1.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
111 advisors
IM Fee
Planning only
Assets Under Management
$1.5B

Fee Structure

Minimum Investment:$250K
Investment management only (planning not offered)

Detailed fee information is not available for this advisor. View their full brochure on SEC.gov for fee details.

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Location

Denver, CO

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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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Employment History
Current Registrations
Robinhood Asset Management
April 2025 - Present · 1 yr 1 mo
Robinhood Financial, LLC
January 2025 - Present · 1 yr 4 mos
Robinhood Financial, LLCBroker
January 2025 - Present · 1 yr 4 mos
Previous Registrations
LPL Enterprise, LLCBroker
November 2024 - January 2025 · 2 mos
LPL Enterprise, LLC
November 2024 - January 2025 · 2 mos
Prudential Financial Planning Services
February 2024 - November 2024 · 9 mos
Pruco Securities, LLC.Broker
February 2024 - November 2024 · 9 mos
First Command Advisory Services
September 2023 - February 2024 · 5 mos
First Command Brokerage Services, INC.Broker
July 2023 - February 2024 · 7 mos
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
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.
Derek Froman - Financial Advisor | TrueAdvisor