Jon Rienstra - LPL Financial

Wealth Management Firm in Excelsior, MN

Firm Info
Address: 684 Excelsior Blvd Suite 230, Excelsior, MN 55331, USA
Phone: (952) 470-4136

Firm Size
Assets Under Management: $269 billion
# of Advisors: 16,527
# of Clients: 1.1 million
Client to Advisor Ratio: 64:1
Average Account Size: $254,931
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services
  • Selection of Others Advisors
  • Educational Seminars & Workshops
  • Other

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • State & Municipal Govt Entities
  • Sovereign Wealth Funds & Foreign Official Institutions
  • Corporations or Other Businesses Not Listed Above
  • Other

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)
  • Commissions

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Lpl Financial LLC Overview

LPL Financial LLC is a trusted financial advisory firm providing investment advice to clients since 1975. With their headquarters located in Fort Mill, SC, LPL Financial LLC has built a reputation as a reliable fee-based financial advisory firm. As a registered broker-dealer and insurance broker/agent, LPL Financial LLC offers a variety of financial services to its clients. Services offered by LPL Financial LLC include financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutional clients, pension consulting services, and selection of other advisors. LPL Financial LLC also offers educational seminars and workshops to help clients better understand their investment options and make informed decisions about their finances. In addition to its investment services, LPL Financial LLC provides consulting and other non-discretionary advisory services to assist clients with their unique financial needs. This includes personalized guidance on a variety of financial matters such as risk management, taxation, and estate planning. With a team of experienced advisors and a commitment to providing exceptional service, LPL Financial LLC is dedicated to helping clients achieve their financial goals.

LPL Financial LLC is a financial advisory firm that offers an array of services to various types of clients. The firm caters to individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, state or municipal government entities, sovereign wealth funds, and other corporation types not listed. LPL Financial LLC also welcomes other types of clients who seek assistance in managing their finances. This diverse clientele shows the firm's flexibility and expertise in handling various financial situations. When it comes to fee structures, LPL Financial LLC offers different options. The fees depend on the type of service provided. Clients can choose to pay LPL Financial LLC a percentage of their assets under management (AUM). Alternatively, they can choose an hourly fee structure where they pay for the amount of time spent on consultations or financial planning. Fixed fees are also available for specific services, and clients have the option to pay commissions for transactions executed on their behalf. The availability of various fee structures allows clients to select a payment method that best fits their financial goals and needs. LPL Financial LLC understands that each client has different requirements and goals in mind, and therefore offers these options to cater to diverse financial situations.

Typical Clients, Fee Structures & Investment Minimum

According to LPL FINANCIAL LLC's Part 2 Brochure, there is no mention of an investment minimum. Therefore, it is unclear what their investment minimum may be.

How This Office Can Help Excelsior, MN Residents

Jon Rienstra, an experienced financial advisor at LPL Financial, has been helping clients in Excelsior, MN for several years. As a skilled professional, Jon understands that everyone's financial situations are different and requires a unique approach. He works closely with his clients to gain insight into their individual goals, preferences, and needs. Jon helps clients in Excelsior, MN to manage their investments, plan for retirement, and minimize tax liabilities. He assists them in making informed financial decisions that align with their long-term financial objectives. Jon's personalized approach, coupled with his ability to analyze complex financial information, enables him to provide customized financial advice tailored to each client's unique situation. Whether it's investing in real estate, designing a retirement plan, or engaging in tax planning, Jon provides his clients with sound financial guidance to help achieve their financial goals.

To view the Minimum Investment and Fee Schedule for Lpl Financial LLC, visit their Part 2 Brochure.

Services Offered by Lpl Financial LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Lpl Financial LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Commissions
Unavailable
Subscription (Newsletter or Periodical)
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 684 Excelsior Blvd Suite 230, Excelsior, MN 55331, USA
Phone (952) 470-4136
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

Firm Headquarters
Firm headquarters location 1055 LPL WAY, FORT MILL, SC 29715, United States

This firm has no other locations.

State Registrations

Lpl Financial LLC is registered to service clients in the following states:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Virgin Islands

Disciplinary History

Lpl Financial LLC does not have any disclosures. Please visit it's Form ADV for more details.