LPL Financial - Bert Loflin, CLU

Wealth Management Firm in Rustburg, VA

Firm Info
Address: 1022 Commerce St #2d, Lynchburg, VA 24504, USA
Phone: (434) 847-5533

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

Get Connected with a Financial Advisor

* required fields

Lpl Financial LLC Overview

LPL Financial LLC is a leading registered investment advisory firm that has been providing exceptional financial services since 1975. The firm operates on a fee-based fee arrangement, which ensures transparency in every financial transaction made. LPL Financial LLC is headquartered in Fort Mill, South Carolina, where it has established an extensive network of advisors to serve the needs of its clients. As a broker-dealer and insurance broker/agent, LPL Financial LLC provides investment advice to individuals, small businesses, and institutional clients. They offer a broad range of portfolio management services tailored to meet the unique and changing needs of their clients. Additionally, they provide pension consulting services, helping organizations optimize their employee retirement benefits. LPL Financial LLC goes beyond traditional financial advisory services, offering educational seminars, workshops, and other services to empower their clients to make informed investment decisions. The firm also provides consulting services that are non-discretionary, enabling clients to leverage their expertise to create and implement their customized investment strategies. In summary, LPL Financial LLC is a reputable and reliable investment advisory firm that offers comprehensive services to their clients. Their focus on meeting their client's unique needs and providing exceptional customer experience makes them stand out among their competitors.

LPL Financial LLC provides financial services to a broad range of clients. They serve individual clients who require general financial planning, investment management, and retirement solutions. They also cater to high net worth individuals who require more complex and sophisticated investment advice, asset allocation, and estate planning. Pension or profit-sharing plans, as well as charitable organizations, seek LPL Financial LLC's expertise on creating and maintaining long-term investment strategies that are tax efficient for their members or donors. The firm also extends its services to state or municipal government entities, sovereign wealth funds, and other types of corporations not listed. No matter the client type, LPL Financial LLC strives to provide comprehensive and customized financial solutions to help them succeed in achieving their goals. The fee structure for the services offered by LPL Financial LLC depends on the type of service provided. Clients who require ongoing investment management may opt for fee-based accounts, which charge a percentage of assets under management (AUM), typically between 1% to 2% annually. Clients who require one-time financial planning or consultation may opt for hourly fees, which are charged based on the amount of time spent on the project. Fixed fees are also available for specific services such as estate planning or investment management. Lastly, LPL Financial LLC also offers commission-based models for some products, such as insurance and annuities. These fee structures are transparent and ensure that clients' costs are aligned with their needs.

Typical Clients, Fee Structures & Investment Minimum

According to LPL FINANCIAL LLC's Part 2 Brochure, there is no specific mention of an investment minimum. Therefore, it is unclear whether the firm has an investment minimum for their clients. It is recommended to contact LPL FINANCIAL LLC directly to inquire about their investment minimum policies.

How This Office Can Help Rustburg, VA Residents

LPL Financial - Bert Loflin, CLU is equipped with a range of financial services that assist clients in Rustburg, VA in achieving their financial goals. Whether clients need guidance on retirement planning, investment management, or estate planning, Loflin offers personalized solutions that address their unique needs. He takes into account the various financial situations people living in Rustburg might face, including job loss, medical debts, and property damage resulting from natural risks such as storms and floods. For instance, given that Rustburg has a median household income of $50,050, Loflin recognizes the need to help clients maximize their income and secure their future through effective investment strategies. He ensures that his clients have access to a broad range of investment options, including individual bonds, mutual funds, stocks, exchange-traded funds (ETFs), and annuities, among others. Loflin also considers tax-efficient investment planning to help his clients manage their tax obligations. Overall, LPL Financial - Bert Loflin, CLU provides the kind of guidance and support that individuals and families in Rustburg, VA need to achieve their financial goals and prepare for whatever life may bring.

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 1022 Commerce St #2d, Lynchburg, VA 24504, USA
Phone (434) 847-5533
Directions
Google My Business Reviews:

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.