Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
The OMP program has an annualized account fee, negotiable up to a maximum of 2.50% of assets, charged quarterly in advance. LPL also assesses a $5 transaction charge on each purchase and sale, but this is waived if an eligible contribution was made in the previous 365 days. Clients also pay other miscellaneous administrative or custodial-related fees. There are also fees charged by the Optimum Funds themselves. If the account is closed within the first six months, LPL and LPLE reserve the right to retain the pre-paid quarterly Account Fee.
Areas of Practice
Advisor Information
Office location
Los Angeles, CA
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Customer Dispute
March 2001Other Business Activities
Cynthia operates her LPL business under the DBA Gladstone Wealth Partners. She also runs Cynthia Newman Consulting, an executive coaching business, dedicating about 10-20% of her time to it. Additionally, Cynthia provides investment advisory services through Gladstone Institutional Advisory, LLC, spending nearly full-time hours on this activity.