LPL

Lonely-Preference-70

You’re still on a good run in the game so you’re still more than okay but we should just all make these stocks rally like NVDA, KR, LPL, F, APPL, GOOGL, AMZN, INTC just to show them that we can’t be stopped all at once

dont_downvote_SPECIL

LPL’s Turnquist also noted that October kicks off what is historically the one of the best three-month periods for stock performance. “Since 1950, the S&P 500 has generated an average gain of 4.2% from October through December, with 80% of periods producing positive results,” he said. “And when results are positive, the average gain increases to 7%, compared to a 6.7% decline when the three-month window is negative.”

Stephen_1984

I have accounts at Charles Schwab and LPL Financial. Schwab’s website is much better for research. I’m unfamiliar with other sites besides the federal government’s TSP.

DrawingOk8403

Not entirely true according to ChatGPT :) Here’s the ultra-clean one-liner version you can paste straight into Reddit: ⸻ Major Broker Fines (Recent Years): • Interactive Brokers – $67M+ (sanctions, comms, reporting failures) • Robinhood – $49M (data breach, order handling) • Edward Jones / LPL / RBC / Stifel / TD Ameritrade – $9.3M (excessive commissions) • Stifel divisions – $2.2M (unsuitable leveraged ETPs) • Apex Clearing – $3.2M (securities lending violations) • Multiple firms – $390M+ (unmonitored WhatsApp/text comms) • Wedbush – $2.3M (capital, wire, reporting failures) • Forex.com – $2M+ (CFTC/NFA compliance issues) • Raymond James – $26M+ (AML, Ponzi supervision, email

greytoc

Yeah - so 30 bips is considered low in the RIA world. But it sounds pretty no frills and it's to be entirely dependent on the type of investment products they will stick you in. Your best bet is to talk with a bunch of different investment advisory firms. Vanguard offers good investment products. But that doesn't mean that their advisory services are necessary the best out there. My recollection is that advisory services at places like Vanguard and Fidelity are in-house. You may want to also talk with the independent advisory teams from the places like Merrill, LPL, etc. The challenge isn't about the firm itself but finding an adviser that you trust who understands your financial goals and needs. A big part is also about how much help you really need from an adviser. I have friends who are retired who are perfectly capable of managing their own portfolio who worked in the investment management industry or have finance backgrounds. But they prefer to use an adviser because it's worth it to them. You could also just use a robo-advisor to save on the fees. It all depends on how complex your financial situation is.

trumpenergyexplosion

As of the latest available data from March 31, 2025, the following institutions hold significant shares of Ocean Power Technologies, Inc. (OPTT) stock, based on 13F filings and other reports: 1. Vanguard Group Inc. - 6.26 million shares (12.27% of outstanding shares, valued at approximately $3.27 million) 2. BlackRock Inc. - 2.82 million shares (5.53%, valued at approximately $1.47 million) 3. Geode Capital Management, LLC - 1.56 million shares (3.06%, valued at approximately $814,970) 4. UBS Group AG - 929,830 shares (1.82%, valued at approximately $485,744) 5. Susquehanna International Group, LLP - 639,750 shares (1.25%, valued at approximately $334,208) 6. State Street Corporation - 419,880 shares (0.82%, valued at approximately $219,347) 7. Northern Trust Corporation - 313,950 shares (0.62%, valued at approximately $164,010) 8. SBI Securities Co., Ltd. - 289,270 shares (0.57%, valued at approximately $151,113) 9. J.W. Cole Advisors, Inc. - 215,140 shares (0.42%, valued at approximately $112,389) 10. Cambridge Investment Research Advisors Inc. - 198,150 shares (0.39%, valued at approximately $103,513) Additional institutions with smaller holdings include: • Sargent Investment Group, LLC - 528,000 shares (0.362% as of January 27, 2025, valued at approximately $539,000) • Baader Bank Aktiengesellschaft - 100,000 shares (0.058% as of July 10, 2025, valued at approximately $47,000) • Virtu Financial LLC - 61,109 shares (0.036% as of May 12, 2025, valued at approximately $28,000) • Penbrook Management LLC - 31,500 shares (0.022% as of January 23, 2025, valued at approximately $32,000) • LPL Financial LLC - 25,097 shares (0.017% as of February 11, 2025, valued at approximately $26,000) Key Points: • Total Institutional Ownership: Approximately 8.14% to 11.93% of OPTT’s shares are held by institutions, depending on the source and date of the data. • Number of Institutions: Around 50-61 institutions hold OPTT shares, with the variation depending on the reporting period and source. • Major Mutual Fund Holders: • Vanguard Total Stock Market Index Fund: 3.65 million shares (7.15%) • Vanguard Extended Market Index Fund: 2.57 million shares (5.05%) • Fidelity Extended Market Index Fund: 800,720 shares (1.57%) • Fidelity Total Market Index Fund: 278,960 shares (0.55%) • Fidelity Series Total Market Index Fund: 234,060 shares (0.46%) • Schwab Total Stock Market Index Fund: 50,000 shares (0.10%) Notes: • The data reflects holdings as of March 31, 2025, unless otherwise specified, and is sourced from 13F filings reported to the SEC. • Share prices and valuations fluctuate; for instance, the share price was $0.53 on August 8, 2025, and $0.40 on April 17, 2025, affecting the reported value of holdings. • Institutional ownership has increased recently, with a total of 14.88 million shares held by 57 institutions as of August 8, 2025, up by 4.16 million shares (38.81%) from the previous quarter. • Some institutions, like Sargent Investment Group and Baader Bank, significantly increased their stakes, while others, like Virtu Financial and XTX Topco Ltd., reduced their positions in recent quarters. For the most current and detailed institutional ownership information, you can check sources like Nasdaq.com, Yahoo Finance, or MarketBeat.com, which provide updated 13F filings and shareholder data.

trumpenergyexplosion

As of the latest available data from March 31, 2025, the following institutions hold significant shares of Ocean Power Technologies, Inc. (OPTT) stock, based on 13F filings and other reports: 1. Vanguard Group Inc. - 6.26 million shares (12.27% of outstanding shares, valued at approximately $3.27 million) 2. BlackRock Inc. - 2.82 million shares (5.53%, valued at approximately $1.47 million) 3. Geode Capital Management, LLC - 1.56 million shares (3.06%, valued at approximately $814,970) 4. UBS Group AG - 929,830 shares (1.82%, valued at approximately $485,744) 5. Susquehanna International Group, LLP - 639,750 shares (1.25%, valued at approximately $334,208) 6. State Street Corporation - 419,880 shares (0.82%, valued at approximately $219,347) 7. Northern Trust Corporation - 313,950 shares (0.62%, valued at approximately $164,010) 8. SBI Securities Co., Ltd. - 289,270 shares (0.57%, valued at approximately $151,113) 9. J.W. Cole Advisors, Inc. - 215,140 shares (0.42%, valued at approximately $112,389) 10. Cambridge Investment Research Advisors Inc. - 198,150 shares (0.39%, valued at approximately $103,513) Additional institutions with smaller holdings include: • Sargent Investment Group, LLC - 528,000 shares (0.362% as of January 27, 2025, valued at approximately $539,000) • Baader Bank Aktiengesellschaft - 100,000 shares (0.058% as of July 10, 2025, valued at approximately $47,000) • Virtu Financial LLC - 61,109 shares (0.036% as of May 12, 2025, valued at approximately $28,000) • Penbrook Management LLC - 31,500 shares (0.022% as of January 23, 2025, valued at approximately $32,000) • LPL Financial LLC - 25,097 shares (0.017% as of February 11, 2025, valued at approximately $26,000) Key Points: • Total Institutional Ownership: Approximately 8.14% to 11.93% of OPTT’s shares are held by institutions, depending on the source and date of the data. • Number of Institutions: Around 50-61 institutions hold OPTT shares, with the variation depending on the reporting period and source. • Major Mutual Fund Holders: • Vanguard Total Stock Market Index Fund: 3.65 million shares (7.15%) • Vanguard Extended Market Index Fund: 2.57 million shares (5.05%) • Fidelity Extended Market Index Fund: 800,720 shares (1.57%) • Fidelity Total Market Index Fund: 278,960 shares (0.55%) • Fidelity Series Total Market Index Fund: 234,060 shares (0.46%) • Schwab Total Stock Market Index Fund: 50,000 shares (0.10%) Notes: • The data reflects holdings as of March 31, 2025, unless otherwise specified, and is sourced from 13F filings reported to the SEC. • Share prices and valuations fluctuate; for instance, the share price was $0.53 on August 8, 2025, and $0.40 on April 17, 2025, affecting the reported value of holdings. • Institutional ownership has increased recently, with a total of 14.88 million shares held by 57 institutions as of August 8, 2025, up by 4.16 million shares (38.81%) from the previous quarter. • Some institutions, like Sargent Investment Group and Baader Bank, significantly increased their stakes, while others, like Virtu Financial and XTX Topco Ltd., reduced their positions in recent quarters. For the most current and detailed institutional ownership information, you can check sources like Nasdaq.com, Yahoo Finance, or MarketBeat.com, which provide updated 13F filings and shareholder data.

oceangrown1993

Damn sounds like liquidating is a good call. ELI5 why LPL has fallen off so bad?

ThanklessWaterHeater

There are certain holdings I leave in my portfolio for no other reason than to remind myself not to repeat them. LPL is one of them.

TungTungSahurs

The United States of Layoffs...Enjoy.... INEOS ABS USA CAM Industrial Solutions TouchPoint Services (AKA Compass Group) United States Cellular Corporation Lennox Industries Pacific Premier Bank Wellpath Atria Wealth Solutions Corteva Prothena Biosciences Inc. Hood Packaging Corporation Microsoft JC Penney Central Valley Training Center, Inc. Stephens Distributing Company DAI Global, LLC Morgan Truck Body, LLC Reyes Coca-Cola Bottling, LLC L&T Precision, LLC Oerlikon Balzers Coating USA Inc. Georgia-Pacific Sutro Biopharma, Inc. Boston Scientific Corporation Mission Linen Supply CAM Industrial Solutions Highgate Hotels CVS Health Corporation ACDI/VOCA Michaels Stores Procurement, Inc. Incyte Diagnostics JP Morgan Chase Leidos Holdings, Inc. Sapango, Inc. (Tre Posti) Vertex Pharmaceuticals Swat Fame, Inc. The Mutual Group Sodexo Del Monte Foods, Inc. Movate, Inc. (The Genesis Project) Discovery Energy (Rehlko) INOAC Exterior Systems, LLC Accelerate360 Distribution, LLC Nuttall Gear, LLC First Student Paramount Global BioNTech Us, Inc. Need It Now Need It Now Delivers, LLC Del Frisco's Double Eagle Steakhouse Pixelle Specialty Solutions Wells Fargo Harpoon Henry's Seafood Restaurant KIRA Services, LLC KIRA Government Services KIRA Services LLC and KIRA Training Services Southeast Service Corporation (Services For Education) Robert Kaufman, Inc. Ranstad US TEKsystems Seviroli Foods Tyson Foods HyPro, Inc. Transit Management of Volusia County, Inc. Stingray Pressure Pumping Gilead Sciences Target TransAxle, LLC Nordstrom Albertson's Baton Rouge Randalls Store ADRA International Lightspeed Logistics Miami, LLC Advanced Drainage Systems, Inc. Encino Energy, LLC JC Penney (Maryland) Milwaukee Forge, LLC Planned Parenthood Mar Monte, Inc. Amazon Fresh McDonald's Restaurants of California, Inc. Khoros, LLC Oxford Social Club Mucci Tehachapi, Inc. Nasco Education, LLC Social Distribution, LLC Walmart BLST Operating Company, LLC LPL Financial, LLC CRST Expedited, Inc. Whitsons Food Service, LLC Milgard Manufacturing, LLC Columbus Regional Health Joe's Crab Shack Goldman Sachs and Co., LLC Prineville Facility Design Group Americas and Red Lion, LLC Pocino Foods Company IG Design Group Americas, Inc. Bowhead Missions Solutions, LLC International Business Machines-Coppell Accenture Rogue Valley Transportation District Activision Blizzard Science Systems and Applications Management and Training Corporation Pourlessoins (Synergy Health Services and Zomleben) Northwest Offset Printing, Inc. Santa Maria Hostel TT Electronics Facility IRC (Plano) Ford Design Studio NYP Holdings, Inc. Sonoco Products DHL OTG Management - Terminal 8 U.S. Cotton, LLC

AlfrescoDog

To keep as a watchlist: 🇯🇵: EWJ, TM, NSANY, HMC. 🇰🇷: EWY, CPNG, LPL, SKM.

greytoc

Northwestern is primarily an insurance company. Unless your friend in an investment adviser - you may want to shop around. Generally speaking - finding an RIA (registered investment adviser) will depend on the type of services that you need and also the trust you have with the actual adviser. The differences between a small and big RIA can vary greatly. One reason is that even at a big firms like a Merrill Lynch, Morgan Stanley, or LPL - there could be separate independent teams. And it depends on the wealth management program that the team is part of. The big wealth management firms are all competing with each other to retain and attract successful investment advisers and their book of business. LPL for example are pretty much mostly independent advisory teams. So - it's usually more important that you try to find an advisor that you like. Maybe ask friends and co-workers that you trust.

careyectr

Yes, better entry prices do show up after record highs—but they usually arrive more slowly, and cost more in missed upside, than most of us expect. A quick reality-check on how often the market “gives you a dip”: New highs are followed by small pullbacks all the time. LPL’s long-term data show the S&P 500 averages roughly three drawdowns of -5 % to -10 % every year, and it suffers at least one 10 % correction in about two-thirds of calendar years.  When you sharpen the pencil to “How long do I have to wait?” the numbers get uncomfortable. A Clearnomics study looking at all post-WWII highs found that an investor who insisted on a -3 % pullback sat in cash for about 69 days on average and still missed ~2 % of upside while waiting. Holding out for a textbook -5 % discount stretched the wait to 291 days and forfeited roughly 13 % in foregone gains. My own Nasdaq-100 back-test (1985-2025 daily closes) echoes that pattern: • Median maximum drawdown within six months of an all-time high: -4.7 % • A dip of -5 % or worse has occurred in ~60 % of those six-month windows. • A deeper -10 % correction shows up only ~23 % of the time—and when it does, the index usually ends the same six-month span higher anyway. In plain English: you often get a wiggle room of 3-5 %, you sometimes get 8-10 %, and you rarely get the 15-20 % “fat pitch” while the longer-term trend is still rising. ⸻ What that means if you’re still on the sidelines Staying uninvested for the possibility of a pullback is itself a market call. History says the cost of waiting grows quickly unless the dip materialises fast, and that cost compounds if the trend keeps grinding upward. If you need to get money to work but want a margin of safety: – Split the stake. Put, say, half to work now and stage the rest in tranches every few weeks or at predefined technical levels (50-day or 100-day moving average supports often coincide with 3-6 % give-backs). – Pair entries with a decision rule for when to stop averaging down (for example, if QQQ falls 12-15 % you reassess fundamentals rather than automatically buying more). – Alternatively, use an options collar or a 5-10 % stop-loss to cap the downside while still getting market exposure; that lets the “waiting” budget pay for hedges instead of idle cash. ⸻ Bottom line Better prices are possible—small dips are statistically likely and larger ones remain a non-trivial risk—but the market’s default state after a fresh high is gradual follow-through, not immediate reversal. If your time horizon is months to years, scaling in beats sitting out; if your horizon is days to weeks, set clear levels and be ready to act quickly when they appear.

RowEnvironmental7282

Geopolitical Events And Stock Market Reactions Market Shock Events Event Date S&P 500 Index Calendar Days To | One-Day | Total Drawdown | Bottom | Recovery Iranian General Killed In Airstrike | 1/13/2020 | -0.7% | ? | ? | ? Saudi Aramco Drone Strike | 9/14/2019 | -0.3% | -4.0% | 19 | 41 North Korea Missile Crisis | 7/28/2017 | -0.1% | -1.5% | 14 | 36 Bombing of Syria | 4/17/2017 | -0.1% | -1.2% | 7 | 18 Boston Marathon Bombing | 4/15/2013 | -2.3% | -3.0% | 4 | 15 London Subway Bombing | 7/5/2005 | 0.9% | 0.0% | 1 | 4 Madrid Bombing | 3/11/2004 | -1.5% | -2.9% | 14 | 20 U.S. Terrorist Attacks | 9/11/2001 | -4.9% | -11.6% | 11 | 31 Iraq's Invasion of Kuwait | 8/2/1990 | -1.1% | -16.9% | 71 | 189 Reagan Shooting | 3/30/1981 | -0.3% | -0.3% | 1 | 2 Yom Kippur War | 10/6/1973 | 0.3% | -0.6% | 5 | 6 Munich Olympics | 9/5/1972 | -0.3% | -4.3% | 42 | 57 Tet Offensive | 1/30/1968 | -0.5% | -6.0% | 36 | 65 Six-Day War | 6/5/1967 | -1.5% | -1.5% | 1 | 2 Gulf of Tonkin Incident | 8/2/1964 | -0.2% | -2.2% | 25 | 41 Kennedy Assassination | 11/22/1963| -2.8% | -2.8% | 1 | 1 Cuban Missile Crisis | 10/16/1962| -0.3% | -6.6% | 8 | 18 Suez Crisis | 10/29/1956| 0.3% | -1.5% | 3 | 4 Hungarian Uprising | 10/23/1956| -0.2% | -0.8% | 3 | 4 N. Korean Invades S. Korea | 6/25/1950 | -5.4% | -12.9% | 23 | 82 Pearl Harbor Attack | 12/7/1941 | -3.8% | -19.8% | 143 | 307 Average | -1.2% | -5.0% | 22 | 47 Source: LPL Research, S&P Dow Jones Indices, CFRA, 01/06/20

mdh1119

[me when I look up the news about victoria's secrets upcoming earnings](http://m.media-amazon.com/images/I/71fAhtw6LPL._AC_UF1000,1000_QL80_.jpg)

mdh1119

[me when I look up the most recent news on victoria's secret](http://m.media-amazon.com/images/I/71fAhtw6LPL._AC_UF1000,1000_QL80_.jpg)

Environmental-Meal14

Below are (3) tickers I'm looking at for tomorrow, and a 4th that is a nice slow-burn long hold (UROY). Hope this helps someone tomorrow! **PRPL** I posted a [DD](https://www.reddit.com/r/pennystocks/s/kIRDpSR2Ot) on this ticker awhile back, about a possible expansion or M&A. Today they announced a partnership with Somnigroup to more than double their inventory in Mattress Firm locations, a strategic arrangement with Tempur Sealy, EBITDA profitability for the first time in 8 years, and secured $20 million additional financing. Could that be priced in? Maybe. But what I'm not seeing anyone talk about is how they also approved accelerating the NOL expiration to **tomorrow**. This indicates strong confidence, prevents share price suppression, and removes barriers to new investment, including negotiating better terms of an M&A. Could have good news tomorrow. Keep in mind that the warrants I mentioned in my DD are executable at $1.50, so whatever it does, get out before then. **WRD** ran on expansion and partnership with Uber, I think this may have more to go as the day ended before the EMAs performed the holy grail, a golden cross. **AGH** low volume but could run tomorrow. Good day today and looks like it's still early; EMA5 & 10 look like they may cross and MA20 & EMA20 are converging. **UROY** has done nothing but gain for a solid month, has a quick/current ratio of 16/217, 16% insider ownership, and 20% institutional ownership. Renaissance Technologies just upped their stake by $1,062,000 and LPL Financial increased theirs by 86,350 shares, more than a 215% increase. I'm not sure why this isn't being talked about more, but it may be due to folks here not knowing about our nuclear acceleration, so I've including this info after this sentence. Just released third disbursement of the $1.52 billion for the reopening of Palisades Nuclear Power Plant, $0.9 billion solicitation for small modular reactors, construction permit application submitted for a new advanced nuclear facility in Seadrift Texas, new commitments to provide high-assay low-enriched uranium to 5 unnamed nuclear developers. INL just conducted the world's first safety test on a high burnup fast reactor fuel in more than 20 years. At this same Transient Reactor Test facility (which was restarted in 2017), they also debuted Molten Salt testing and will start a world-first Molten Chloride Reactor Experiment). We also just signed an Engineering Development Agreement for Poland’s first AP-1000 civil nuclear power plant.

greytoc

> I don't know what the returns are that people claim and get clients based on Advisers cannot guarantee returns unless it's under certain circumstances with lots of disclosures. Also - an adviser has to invest based on the client's own risk tolerance. Regardless of whether an adviser is a fiduciary or not. All advisers have a fiduciary duty to their clients. It's one of the reasons why many small IA's are simply reselling WRAP and SMA programs. >This is just getting the support software. There are brokers like Ibkr that will support non-professional advisers. These are people who may be starting out small or may be managing without compensation. Or they meet the state and SEC exempt status for registration. [https://www.interactivebrokers.com/en/accounts/non-professional-advisor.php](https://www.interactivebrokers.com/en/accounts/non-professional-advisor.php) >constantly said that these services don't beat the market, meaning that I'd actually be charging more money per 100K than most advisors, but at the same time doing so based on potentially higher returns. Given a typical % under management means you pay while losing.   That is because of the fiduciary rules. If you have a client that is retired and has told you that income generation is their primary goal, you are somewhat obligated to invest their portfolio in a fixed income program. >Whereas I wanted the concept of pay for winning. Lol. If that is your goal - and you want to generate alpha for your investors, then perhaps what you really want is create a hedge fund instead. That would be a structure that would make more sense. And it could be simpler. >... see this is why people get jobs working for firms, as this is a build up situation. .... Correct - it's a way for people to build their book of business and also learn about the industry. An aspiring investment adviser may also work as an independent adviser at places like Edward Jones, LPL, Merrill, etc. There is a lot of competition among the big wire-houses to attract and retain good independent advisors because if a decent advisor moves firms - many times - their clients will follow them. >how hard it is to get 1 million under management with a cool website and some business cards It's hard. You are asking people to trust you. It's less about having a cool website and more about your professional network and ability to sell your services. >RIA is a tough business. Yup.

Silversurf978

Plenty of examples, the main one being if there is no self-directed option, there is no way to move your money to cash. Best you could do is an immediate target date or some sort of govt fixed income ( which will get wrecked as interest rates go up ). Take a look at what Vanguard themselves have right now for their 10-yr forecast on equities: [https://advisors.vanguard.com/insights/article/series/market-perspectives](https://advisors.vanguard.com/insights/article/series/market-perspectives) Lets go down the middle at 4%. This is what Vanguard is telling everyone. Yet you can grab a 10yr CD off the Fidelity exchange right now for 4.5%. That is wealth extraction I don't know any other way to explain it? Why aren't Americans allowed a guaranteed 4.5% instead of having to take an estimated 4% with a risk premium (and a standard deviation of 17%!) Also speaking from 20+ yrs of experience, for the majority of companies their 401k plans are "sold" to either HR or the CFO over a steak dinner. Maybe 80% of plans are sold this way - they suck, the fund choices are horrible and the fees inside of them ( Nationwide, LPL, Empower...etc...etc) are outright theft from the middle class ; especially when they can just as easily buy $VTI and shave 40% on average in fees. Some of these smaller plans sold to 5 person dentist offices have fees upwards of 1.2% hidden inside the fund choices. Higher fees are also theft. Sure there are A+ plans inside of Google, Apple and other great companies, but that is not by a mile anywhere close to what the rest of America has as its choice.

-tdcjonm

My portfolio has grown about 240% since 2017 after switching from a self managed portfolio to one managed by an Equitable/ LPL/ Vanguard Advisor. My costs are 0.50%, and I became a multi millionaire a few years back. About 25% of my portfolio is vested in VTI. Followed by a handful or two of other Vanguard ETFs and other options. My overall portfolio growth is hovering slightly above 18% y/o/y. Today, for example, my portfolio is up because it's managed. Meanwhile, the DOW and S&P 500 are both down around 4% because it's Tariff Day 2025.

vikicrays

if tRump’s lips are moving you can know with 100% certainty, it’s a **lie**. *”The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920’s.* *“This was still below the annualized returns of Presidents Bill Clinton and Barack Obama,” LPL’s Chief Market Strategist Ryan Detrick said in a January 2021 note.* *The annualized return of the Dow was 12.1% and 15.9% for Obama and Clinton, respectively.* *During Trump’s presidency, the Dow made 126 new all-time highs, which was slightly more than Obama’s 123, but still lower than Clinton’s 263. Both Obama and Clinton served two terms as president.* *And since election day and up until inauguration day, President Joe Biden saw the sharpest gain on record in the S&P 500 of 12.8%, according to LPL. This compares to Trump’s gain of 6.2%, and the previous record holder of John F. Kennedy and Bill Clinton, when the S&P 500 surged 8.8% between election day and inauguration day.”* tried to link the source but it got removed and i’m too pissed to find another source that says the exact same thing.

vikicrays

if tRump’s lips are moving you can know with 100% certainty, it’s a **lie**. *”The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920’s.* *“This was still below the annualized returns of Presidents Bill Clinton and Barack Obama,” LPL’s Chief Market Strategist Ryan Detrick said in a January 2021 note.* *The annualized return of the Dow was 12.1% and 15.9% for Obama and Clinton, respectively.* *During Trump’s presidency, the Dow made 126 new all-time highs, which was slightly more than Obama’s 123, but still lower than Clinton’s 263. Both Obama and Clinton served two terms as president.* *And since election day and up until inauguration day, President Joe Biden saw the sharpest gain on record in the S&P 500 of 12.8%, according to LPL. This compares to Trump’s gain of 6.2%, and the previous record holder of John F. Kennedy and Bill Clinton, when the S&P 500 surged 8.8% between election day and inauguration day.”* [source](https://markets.businessinsider.com/news/stocks/stock-market-performance-under-president-donald-trump-dow-jones-sp500-2021-1-1029987163)

Sinister_Plots

I mean, honestly, if Trump is good for business, I don't see why anybody would be buying puts. Just goes to show how 90% of retail investors lose in the market. From his first term: The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920's. I'm not going to argue politics, but as an investor I don't see a problem with strengthening American businesses.

Banndle

LPL (LG display company) I am new to investing and mainly just invest in Vti since I am only 23. However I was looking at LG display stock due to the fact they have such a strong hold on the OLED market. I know the P/E is - and the company has not always been profitable however the stock is the lowest it has ever been and in the works of developing miniLED screens along with their OLED screens that the produce for pretty much every TV company. My main concern is a big player such as Samsung finally passing the hurdle of producing their own OLED displays. What is everyone's thoughts on LPL for a long term hold say (5-20 years)

Lonely-Army-3343

For what it's worth I have 1/3 of my accounts with Fidelity 1/3 of my accounts with LPL and a third with the equitable in the form of multiple annuities.

_hiddenscout

It's funny because my dad does whole sale annuities and one my best friends is in high end client private banking. Lucky for my dad, he deals with mainly like LPL and bankers, so nothing too crazy with dealing with clients. Yeah, I feel like having to have soft skills and communication to deal with clients, especially when they are that needy.

Heyhayheigh

LPL normally charges 1.25% and they tend to use high internal mutual funds (especially if you been there 20 years)… move that thing to Fidelity or vanguard. Stay away from annuities. If your advisor got you to add money every month, he was likely worth the fee. If you added money every couples of years begrudgingly, then yea, you over paid. The fact you didn’t have a Roth is also not a good sign as likely that should have been your first after tax contribution unless you make tons of income in which case should’ve helped with backdoor or something

meach61

Thanks for the response! It was a local firm that was purchased by LPL. I am aware LPL is the largest independent broker in the country. Not sure what that brings me in this case since we kept all our previous MFs.

greytoc

I actually think that it's the opposite. Edward Jones isn't structured as a corporation with corporate officers. It's a limited partnership. The largest partner is Jones Financial. And the smaller percentage are employee partners, there are over 20k employee partners iirc. Imo - that type of structure is really hard to scale well because there is little independent governance of the company. And no external investor influence. This type of outsourcing could seriously backfire in the long term if the younger and more successful investment advisers who are not yet partners start to leave Eddiejones. l I do think that many investment advisers do care about their clients and building their book of business. And if an investment adviser isn't able to service their clients - they are not incentivized to stay. When investment advisers leave - often a big chunk of their book goes with them. So - firms like eddiejones, etc. etc. live and die by retaining their investment advisers. And there is a lot of competition among these firms and the large wire houses to recruit successful investment advisers. And RIA platforms and TAMP services like those from Fidelity, Schwab, Pershing, SEI, etc. cater and compete for advisers who want to go independent. It's no secret in the industry that LPL have been poaching successful eddiejones investment advisers. So at eddiejones - you end up with investment advisers who either are trying to become a partner or really good ones leave to become their own RIA or they join another firm with their clients. In the long run - if the reason for this type of outsourcing by eddiejones is for labor arbitrage, it is likely to fail in spectacular fashion.

FamousPoet

Many years ago, when I had less of a clue than I do now, I bought these mutual funds from LPL: * ABALX: Maximum front-end sales=5.75% / Net expense ratio=0.57% * AGTHX: 5.75% / 0.63% * CWGIX: 5.75% / 0.75% * NEWFX: 5.75% / 0.99% I recently transferred them to my brand new Fidelity non-retirement account. My question is, should I sell them, taking the capital gains hit, then put the money into my lower cost ETF portfolio? Or should I just hold on to them as is? Some details: * I plan to retire in 10 years. * I've maxed out my retirement accounts. * I'll have a pretty decent pension. * I have no debt. * I will likely not touch these funds for at least 10 years, probably more.

Mrknowitall666

At LPL, don't you have an advisor? Have one of their people research it. Yahoo finance often has ticker prices going back decades and/or the advisor can contact the mutual fund company directly. I mean, you could do the same, but I wasn't aware LPL allowed self managed accounts

FamousPoet

* How old are you? What country do you live in? **53. USA**. * What are your objectives with this money? (Buy a house? Retirement savings?) **Retirement.** * What is your time horizon? **10-15 years.** * What is your risk tolerance? **Moderate risk.** * What are your current holdings? **Maxed out 403b and Roth 403b. I'll also have a pension that pays 70% of my salary. So this is on top of all that.** * Any big debts (include interest rate) or expenses? **No other debt. Mortgage will be paid off in 5 years.** I invested $50,000 into mutual funds about 15 years ago when I had very little knowledge about the subject. It's now $150,000, but some newfound knowledge has me questioning whether I should switch up the funds, because they may be too expensive. They are: * ABALX: Maximum front-end sales=5.75% / Net expense ratio=0.57% * AGTHX: 5.75% / 0.63% * CWGIX: 5.75% / 0.75% * NEWFX: 5.75% / 0.99% I'm in the middle of moving the funds from LPL to my personal standard Fidelity account. Once there, would it be worth the tax hit to sell them and purchase cheaper funds such as VOO/VTI? Also, I have no records as to how much I put into the funds in the first place. I know the first chunk was $50,000. And I vaguely remember adding another $10,000 at some point. How would I go about obtaining such old records? How would I determine the taxable amount if I sold everything?

essentiallyhappy

I had an advisor who left EJ and went with LPL. He managed his office staff who started out great and then got worse and worse over time. LPL also has a terrible website, so be aware if that’s who he’s going with. I’ve since moved most of mine to self-managed at Fidelity, and they provide me with “free” advice, covered by the custodial fees on my investments, not paid directly by me. I got a nice bonus for moving my investments there as well. This is an opportunity to increase your involvement and potentially reduce the fees if you have the time and interest.

Here4Snow

LPL = Linsco Private Ledger, a fee-based investment advisory firm using loaded fund options. Average about 6% fee. Sanctioned for non disclosures. I seem to remember my employer plan had an ED Jones guy move to LPL, as it was more lucrative. You probably paid by investment type. 

MotoTrojan

Copy thanks for the color, perhaps at 57 it makes more sense but I still wouldn't have used these particular tickers. I also wouldn't have used LPL financial (no idea what that is). You can open an IRA at Robinhood or Fidelity (I would go with Fidelity to be clear, much better brokerage). No need to open it at some obscure place. AVGE may be a touch more risk than someone at 57 would normally want for all their capital, but would totally be appropriate for an IRA if you have some cash in taxable accounts. Good luck! Praying for a mega-bull for us both!

Silvaria928

Thank you for replying. Based on the advice I've received here, I've already initiated a transfer from LPL Financial to Fidelity, where I'll have control over the allocation. I had no control at all at LPL.

cenotediver

My LPL brokerage had no problems

Silvaria928

No, I'm not paying him, it was a free service through the credit union. I had no idea what I was doing so I trusted him to make a good decision, and we agreed that I would need to start making monthly deposits up to the allowed amount per year. Unfortunately, *after* he had already transferred the money, he told me that LPL is not set up for deposits...but it's "supposed" to be in the future. That was eight months ago. So while waiting to be able to do that, I decided to just start investing through apps like Fidelity and Robinhood myself. I've actually done alright for with it (and having a lot of fun learning), but I'd really prefer to have the additional option to be adding to the IRA. I'll be 57 next month and yes, this is all I have in terms of a retirement account. I've already accepted that I'll be working well into my 70s and it's no one's fault but my own, I didn't make good financial decisions in the past. All I can do is start moving forward from here, one step at a time, with a realistic view of the future. I think my next step will be calling the credit union back and asking for a different advisor. And I've made a note about AVGE or something similar, thank you so much for your help!

realRockiestChimp

What are people's thoughts on $LPL it's up almost 30% in the last month. They have the best displays I've ever used. The options are super cheap. They have earnings coming up. I think even Sony uses their displays.

Decarz

Here All the Major Mutual Funds Bought & Are Still Holding., Top Institutional Holders Holder Shares Date Reported % Out Value Athyrium Capital Management, LP 10,929,762 Mar 30, 2024 30.46% 6,854,053 Vanguard Group Inc 576,030 Mar 30, 2024 1.61% 361,228 Geode Capital Management, LLC 199,245 Mar 30, 2024 0.56% 124,946 Northern Trust Corporation 68,616 Mar 30, 2024 0.19% 43,029 Blackrock Inc. 65,051 Mar 30, 2024 0.18% 40,793 State Street Corporation 33,073 Mar 30, 2024 0.09% 20,740 Schonfeld Strategic Advisors Llc 29,200 Mar 30, 2024 0.08% 18,311 Bridgeway Capital Management, Inc. 26,504 Mar 30, 2024 0.07% 16,620 LPL Financial LLC 21,110 Mar 30, 2024 0.06% 13,238 Jane Street Group, LLC 17,778 Mar 30, 2024 0.05% 11,148

realRockiestChimp

I'm really liking $LPL right here. They're displays are literally everywhere. Looks poised to make a big move soon.

greytoc

As a business, LPL Financial is considered decent. I've worked with LPL several times. But I cannot comment about the advisers in the LPL network. LPL makes money from providing services to the advisers in their network. The services provided by LPL to the advisers are considered good. I don't think that may be necessarily helpful to your situation. But if you are seeking to work with another adviser in the LPL network - you would at least have similar reporting and tools as the end client. I think that one challenge you may face is that your portfolio size may not attract some of the more experienced teams. Is the CPA that you mentioned someone that you trust? Perhaps they can recommend or suggest an FA.

Much-Ad8781

Yes, I get that. Just don't really have anyone to ask. Just wondering if LPL is a good company or what good options are. Thank you for responding

CapeMOGuy

Look up the ticker symbols on Yahoo Finance. LPL is not a fiduciary firm, they have quite probably loaded you up with funds that have sales fees and/or high expenses.

greytoc

Waddel Reed was acquired by LPL as you know. You cannot decide on your advisor based on whether they are Waddel Reed or LPL affiliated. LPL advisors as typically independent advisors. And so are a lot of Eddie Jones advisors. Generally speaking - companies like LPL, etc. compete for independent advisors who bring their book of business. There are be horrible and great advisers at any of these independent adviser networks. IMO - it can be hard to find an advisor you like. Perhaps ask people you trust who have good financial acumen for recommendations on actual FA's instead.

Much-Ad8781

Me: USA. 66 y/o, widowed, retired. Duplex paid off--live in one side/rent other side. Some health issues. No debt. 180K in investment accts. Started with American Funds, advisor retired. Went with Waddel Reed, They changed to LPL. A couple of years ago I told my FA I wanted some $. He beat around the bush and gave me such a hard time about it that I have not talked to him since (never got the $ either). Yes, I'm sure he was just looking out for my best interests...but it should be my decision. Questions: Is LPL a good co? Should I just change advisors within? (I did meet with an EJones advisor, but after some research, I have decided not to go there. My CPA has told me to start moving $ out of my IRA this year. So, I need to figure it all out. I really am not sure which way to go. I don't have the brain power to try and figure out investing myself. Thank you for your input

WoodsFinder

It's not always easy to know. Are they stocks, mutual funds, bonds, or something else? I think probably all stocks can move. Most mutual funds can. Probably anything that's a Vanguard fund can, but if LPL itself runs the fund or they have some deal with another company to use their funds, then it might not. Fidelity will likely let you know within a few days to a week if there's anything that can't be transferred.

WoodsFinder

I just noticed that in another comment you said that you've initiated a transfer to Fidelity. If you requested a full account transfer, I'm pretty sure that Fidelity will move anything that they can and will let you know if there's something they can't. If there's something they can't transfer, you'll probably either need to leave that at LPL (which I doubt that you'll want to do) or sell it and then have the cash transferred to Fidelity.

WoodsFinder

Do you have an account statement or have some way to see what individual investments are in the account. Anything that's a stock traded on the stock market and most mutual funds should be able to transfer without having to sell them. But if LPL has some mutual fund that they run or perhaps one that they have some special agreement with the company that runs it, then those might not be able to be transferred.

Critical-Log4292

How do I know of the mutual fund is proprietary? It’s LPL Financial

greytoc

Ok - well - if it was only 10-12 years ago - that would mean that record keeping could be in your favor. yeah - you may want to check all 50 states. Maybe it ended up in the state where the mutual fund or broker is located - I don't know a lot about how it works. The other thing is that it may simply be still at the broker or mutual fund company. One thing to check also - if the financial advisor used by your relative is involved - it sounds like a small RIA. Small advisors use brokerage custodial platforms. The new owners should know the platform that was used - it could be a BNY/Pershing, LPL, Fidelity, etc. - if you can find out which custodial brokerage was used - you can try there as well. The new financial advisor would have needed to do an account migration so they should know who was the old custodian.

animositisomina35

>LPL Financial said its profit calls for S&P 500 companies appear conservative following Corporate America’s “excellent” first-quarter earnings season that's seen growth driven largely by Big Tech results. >LPL said it’s likely to raise its 2024 per-share earnings call for S&P 500 companies from $235 after large-cap companies turned in earnings growth of nearly 7% for the quarter that's about to wrap up. The current consensus estimate for S&P 500 EPS near $243 may be achievable, it said. LPL also said its $250 EPS estimate for 2025 is “probably too low,” and may be bumped up. **We are so back.**

xtravar

Same. Been bag holding TSM since 2021 and only recently in the green. Same story with LPL except longer I’ll never be in the green. What I’ve learned is that component manufacturers aren’t as valuable as they should be.

Outrageous-Weight-62

I work in finance my broker is LPL financial. We had a client that wanted to buy LPL stock (no recommendation) because they’re one of the biggest independent BDs. Compliance flagged it and wouldn’t execute the trade. Meanwhile politicians go unchecked. Madness

ProjectObjective

yah I had a whole rebuttal written up and realized you are definitely right on the 401k loan to Roth IRA. Even if I want to take money out for property, it's best to leave the intended roth money in the 401k and just take what would be the repayment amount and put it towards the roth. I would say the only disadvantage is that the sooner I get the money in my roth IRA the sooner it can grow tax free, but market is high right now and I sense a dip coming. I also have a flip I am hoping to close on soon and if that gives me a decent return I could potentially have enough to do everything I want. For now I am leaving my 401k contribution as is, and just added a contribution for the HSA and am having the balance invested in two vanguard funds. I have to figure out how/where I am going to do my roth. There is actually an advisor across the street from me, I like the guy as a person but it is for LPL financial and I think the choices are limited and fees high. I might just stick with vanguard. I'm not sure how investing with an IRA works, but if it is as simple as just picking passive funds like I did with the HSA I might just do the same thing.

greytoc

I don't believe that's true. Edward Jones uses a branch team style structure. They allow their teams to decide on how they manage the relationship and a lot of autonomy in what is being offered to the client. What makes Edward Jones different than a Pershing, LPL, or a TAMP is that they do all the marketing and provide all the tech. The real problem with Edward Jones imo is that they attract a lot of newer advisors who do not have a book of business - (similar to the Merrill Consults program in the past) - so they have a lot of inexperienced advisors.

AluminiumCaffeine

$LPLA: LPL Financial Holdings Non-GAAP EPS of $4.21 beats by $0.39, revenue of $2.83B beats by $110M $PINS: reported Q1 adj. EPS of $0.20, $0.06 better than the analyst estimate of $0.14; Revenue of $740M, an increase of 23%, nearly doubling growth rate from prior quarter, consensus $700.27M. $AMD: \*AMD 1Q REV. $5.47B, EST. $5.45B \*AMD 1Q ADJ EPS 62, EST. 61C

guitmusic12

Those companies are investing on behalf of clients not for themselves. If a client calls and LPL or Commonwealth advisor and says “I want to buy DJT” the advisor is obligated to buy it for them

theupbeats

US equity prices have climbed by 17.2% on average in the year following total solar eclipses visible from the US, according to data compiled by LPL Financial. Most recently, stocks rose 9.9% in the year after the July 1991 eclipse. (News pre 2017 eclipse)

lorna7

Here’s what others on Wall Street are saying: Dan Suzuki, deputy chief investment officer at Richard Bernstein Advisors: It’s a pretty mixed report, so I wouldn’t expect it to meaningfully shift the narrative on inflation or the Fed. The story remains that the steady moderation of inflation has stalled above where the Fed wants it to be, and if growth continues to gain momentum, or even just stays as strong as it’s been, there’s a real risk that inflation heads higher. That would lead us down the path toward no Fed cuts and potentially even a hike. Marvin Loh, senior macro strategist at State Street Global Markets: Inflation readings look in line. The Fed had these numbers in mind via CPI and PPI when they met last week. Supercore look to surprise notably to the downside, which will keep a June cut in the cards. Overall, the numbers are not low enough to give the Fed comfort that 2% target will be reached comfortably, but there is a low threshold to start the normalization process this summer. Chris Low, chief economist at FHN Financial It underscores the caution Fed Governor Chris Waller and others have expressed recently. They still expect to cut rates this year, but in Waller’s words, there is “no rush,” especially with the strongest real consumer spending since December. Zachary Hill, head of portfolio management at Horizon Investments: Data doesn’t change the outlook for monetary policy. But it does reinforce the patient stance that the more hawkish members of the Fed have advanced recently. It further entrenches the notion that the evolution of incoming data, and not economic forecasts, will be the guidepost to interest rates. Jeffrey Roach, chief economist at LPL Financial: The trajectory for consumer spending is weakening, especially since real disposable incomes declined in February. Core services inflation is slowing and will likely continue throughout the year. By the time the Fed meets in June, the data should be convincing enough for them to commence its rate normalization process. But where we sit today, markets need to have the same patience the Fed is exhibiting. Jay Hatfield, chief executive officer at Infrastructure Capital Advisors: The print might be slightly positive for markets on Monday but PCE can essentially be derived from CPI/PPI. More importantly, French CPI printed this AM at only 0.3% vs expectations of 0.6% with Y/Y rolling down to only 2.3% from 3%. This data validates our view that the ECB will cut rates in June and the Fed will lag with a July cut as PCE continues to print slightly hot over the next few months as the shelter component continues to dramatically overstate rent inflation. ...who knows what Monday would be like

Dcapture1

Hes not a bear, he was chief strategist at LPL and now at carson research

SnarkyerPuppy

LPL - LG Display Thought it was gonna boom after all of tech went into a panic because of shortages

rollin_on_a_rvr

My broker wont let me buy cleanspark. LPL financial.

_hiddenscout

Yeah, my dad sells annunities and I think their company holds a conference just for LPL partners. Still tempted to opena position in them. KKR has been killing it too. They recently acquired the company my dad works at. They had a major stake, but receently bought the whole thing. I'm always biased around them, just because I got to meet one of the CEO's of KKR and was a such a solid dude.

AluminiumCaffeine

Yea, its by a wide margin too I think. Cetera which is #2 has around 12,000 and LPL now like 24,000

_hiddenscout

From what I know, my dad calls on people that use LPL, they are basically the biggest vender for independent brokers.

kdasilva93

Can someone tell me what’s going on with LG stock (LPL).. are they issuing warrants or something?

visionarymind

Rare OOC moment, but for anyone who thinks markets go ⤵️ this year during an election, here’s more ~~alpha~~ alpaca: ————————— 🥫: https://markets.businessinsider.com/news/stocks/stock-market-performance-under-president-donald-trump-dow-jones-sp500-2021-1-1029987163 The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920's. "This was still below the annualized returns of Presidents Bill Clinton and Barack Obama," LPL's Chief Market Strategist Ryan Detrick said in a note on Wednesday. The annualized return of the Dow was 12.1% and 15.9% for Obama and Clinton, respectively. During Trump's presidency, the Dow made 126 new all-time highs, which was slightly more than Obama's 123, but still lower than Clinton's 263. Both Obama and Clinton served two terms as president. ————————— This Administration must pump or they lose, it’s really that simple, thanks for cumming to muh TED Talk ✌️

_hiddenscout

It’s one of the few financials I want to own. Them and KKR. LPL is massive for family or individual brokers. My dad calls on them for his annuity business.

AluminiumCaffeine

I love Zuck so much My LPLA also announced: "LPL Financial Holdings press release (NASDAQ:LPLA): Q4 Non-GAAP EPS of $3.51 beats by $0.12. Revenue of $2.64B (+13.3% Y/Y) beats by $100M. Total advisory and brokerage assets increased 22% year-over-year to $1.35 trillion"

talkthispeyote

Yeah I read the ieee.org article posted back in december, super interesting. Looked a little bit at LPL (LG) but meh, and I think(?) Samsung is only on SK exchange.

benfranklyblog

Ah this is a a more clear picture, the other one had “held as cash” on each line which was concerning. So looking at this (stupid) allocation it seems to have performed roughly how I would expect, but the management frees LPL is charging for an account so small is killing you. Take the money in house, put it in voo or VTI like others have suggested, and save yourself 2k a year in fees.

Purpleprose180

Sorry if this has already been said: it’s my experience that LPL’s fees are very high. I sold a stock where the custodian was LPL for $20,000 and my total commission was $250.00. In addition the client was paying 3% per year wrap. When diversified portfolios lag, the first question to ask is “What are my total fees per year?”

araciel

I put in 70k with Gerber to have them safeguard it and not lose money under the hopes they would trigger sell if things got bad. They lost me 5k. I told them I was just sitting on it and wanted to make some extra $$ before using it to buy an investment property. Took out all but 5k 2 years ago with them. They called me 2 months ago to do a review of the account and see if I would add more money. I said "my self directed assets are up 8% this year with simple investments, and yours are up 2%; once you outearn the market again, maybe I will feel comfortable giving you more of my funds." Gerber / LPL aren't the best, but they are fiduciaries so they SHOULD BE doing what's best for you.

dietcokewLime

Looks like it's a whole bunch of different sector ETFs Are they trying to adjust based on market sectors? They likely chased the hot fads like the fintech ETF on the bottom and lost a ton of money in 22 Most of those sector ETFs are fine and should have performed quite well last year and 21 It also matters exactly when they started off, if they got invested in 21 it's likely the losses in 2022 took a big hit out of their overall numbers. If they started late 21 they would almost certainly be down. Still I would probably leave this LPL guy and start your own account. The real judgement now is if you or your family can handle these investments on your own. Reddit is flippant and makes everything sound easy but I've met a whole bunch of investors who couldn't stay disciplined and blew themselves up on leveraged ETFs/options.

_hiddenscout

They’re an interesting company. Like if you are an independent broker who owns their own place, LPL offers tools to them. I want to say they are the largest one in the game too.

_hiddenscout

I was posting about LPLA. I don't own any financials and I've been thinking of opening a position. My dad works in the financial industry and they do a lot of business with independent brokers that use LPL.

eolithic_frustum

They haven't seen a greater increase, from the data I've seen, because rate cuts are still projections for the latter half of 2024, not declarations. We don't know what will happen, and the market prices in uncertainty as well as potential. That's one reason I have stayed away from call options. If I were to buy a call, I would buy leaps (more than 1 year out) on aggregate bond index ETFs (not just treasuries) with strike prices/premia anticipating a 5% to 12% increase, which is what JPmorgan and LPL Research anticipate we'll get if rates go down by -0.5% to -1% over the next year. Personally I see bonds as a cozy spot to park money while I wait for a -10% market pullback. Not something I'm speculating on with any real expectation they'll make me unholy loads of money.

sockalicious

> While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition Way to bury the lede

moondes

“While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition, and specializing in serving individuals with disabilities and their families.” Yarp

moondes

“While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition, and specializing in serving individuals with disabilities and their families.” A true child of r/ WSB.

CanCovidBeOverPlease

“While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition, and specializing in serving individuals with disabilities and their families.” Yup

DissolutionedChemist

“While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition, and specializing in serving individuals with disabilities and their families.” You don’t say 😂

GoodMornEveGoodNight

“While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition, and specializing in serving individuals with disabilities and their families.” When Blind leads the Blind…

definitelymyrealname

"pretending" > Komarow started his career at Prudential Financial and worked there for five years from 2010 to 2016. While affiliated with LPL, Komarow had positioned himself as a financial planner with autism, a neurological and developmental condition, and specializing in serving individuals with disabilities and their families.

HoosierGuy2014

Still, the technical backdrop for the S&P 500 is “encouraging” for a breakout above 4,600, although it may take a few attempts due to the overbought conditions, according to Adam Turnquist, chief technical strategist for LPL Financial. -Marketwatch Bols will have their revenge.

greytoc

Don't get hung up on the fact that your adviser uses LPL. LPL provides an RIA platform for advisers. Many LPL RIA's are independents. You should care about whether your RIA is providing what you need. You can always use a different RIA whether they are at LPL or some other firm.

Routine-Bus-854

I also had an advisor with LPL Financial and I recently found a way better financial advisor Mike Haboush. The LPL Financial guy was not really doing much with my portfolio and whenever I would call regarding my portfolio he wasn’t much help. I felt like he was benefiting more from my portfolio than I was getting back from the investments he chose.

SevenTwentySouth

That’s such a lazy, ignorant response. LPL is home to over 11,000 advisors and 1 trillion of assets. All of whom operate on an individual basis. There is by definition no such thing as a collective “LPL standard advisor”.

arowan21

Yeah I'd run from LPL

cloudneb

LPL isn’t a bank, it’s a broker dealer

rifleman209

Does you current advisor know your risk averse? Might explain the low performance if you tilted into bonds which had their worst 2 year run in the past 50 years. LPL is a bank, they probably were also holding a large cash allocation. It’s a great deal to charge 1.5% and lend it at 8%

Cultural-Ad678

Sooo uhh you seem to have no bond exposure at all and I’d imagine he put you in all these funds at once instead of DCAing into them I would also guess that the funds that have been killing you are the international market ones. While LPL isn’t a bad firm it just depends who you get as an advisor as they are pretty independent in mgmt style, depending on the amount you have invested you are probably paying an advisory fee of 1-1.5%. Personally a good advisor would be looking at the bond market and treasuries with you right now but that’s just my opinion.

Yinzer89

updated. He's with LPL Financial.

Yinzer89

updated. He's with LPL Financial.

greytoc

LPL Financial is a company that with independent RIAs (registered investment adviser). So whoever you spoke with likely with an independent RIA that uses LPL services. The first question is - do you actually need the services of an adviser? If you have a fairly simply investment needs - you are better off opening a self-directed 401k rollover account with one of the major retail brokers. Depending on the size of your 401k account, some of the brokers may even give you a cash bonus. You may want to speak with a rollover rep at some of the popular brokers. [https://www.fidelity.com/go/401k-rollover-hub](https://www.fidelity.com/go/401k-rollover-hub) [https://www.schwab.com/ira/rollover-ira](https://www.schwab.com/ira/rollover-ira) [https://us.etrade.com/what-we-offer/our-accounts/rollover-ira](https://us.etrade.com/what-we-offer/our-accounts/rollover-ira) [https://investor.vanguard.com/401k-rollover](https://investor.vanguard.com/401k-rollover) [https://www.merrilledge.com/retirement/rollover-ira](https://www.merrilledge.com/retirement/rollover-ira)

dickforkface

I am sorry for the typo. It's LPL Financial

alfapredator

“Fortunately, when a total solar eclipse has been seen in the U.S. since 1900, equity prices are up 17.2% a year later,” LPL Financial’s Ryan Detrick observed. “So it appears our biggest worry isn’t what stocks might do, but whether those glasses we bought online are officially approved by NASA!”

Sparky_SE81

"History has shown us that since 1900, any time a total solar eclipse has been seen in the U.S., equity prices have gone up," LPL Financial senior market strategist Ryan Detrick wrote in a recent blog post. "It appears our biggest worry isn't what stocks might do, but whether those glasses we bought online are officially approved by NASA!"

Whoak

401(k)s can be combined into a single IRA account at a broker like Fidelity or LPL Financial or Edward Jones , etc. Definitely get an advisor to help you understand your options so you can make a good decision about what kind of allocation to use in your investments. For new money make sure you have an adequate emergency fund. This does not have to be fully funded before you dedicate some savings toward retirement or other goals. But, for the money left over after paying current expenses, some should go toward your emergency fund and the rest divided among long-term goals. Retirement is most peoples first long-term goal, but it can include other things like College education for kids, other large purchases in the future, etc. Figure out what your goals are, and then decide how much money to dedicate toward each one.