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
1065 Andrew Drive, West Chester, PA, 19380
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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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Andrew has several outside business activities, including a non-variable insurance DBA (Andrew M. Meehan, Inc.) taking about 10-20% of his time, musical performances as a harmonica player/singer and live musician taking minimal time, and running for US House of Representatives taking about 35-50 hours per month. He is also a registered investment advisor representative with Wealthcare Advisory Partners, LLC and sells fixed insurance products, mainly life insurance, through CBS Brokerage, dedicating about 10-20% of his time to each.