DIRECTORY OF REGISTERED ADVISORS
National Coverage
Local Professionals
Corona, CA 92881
323-691-7658About LPL Financial
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients. For more information about LPL Financial, visit www.lpl.com.
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General Information
Firm Start Year
1926
CRD#
1271139
Firm CRD#
6413
Insurance License#
0H23248
States Licensed in
AZ,CA,CO,FL,GA,KY,NV,OR
Years of Experience in Financial Services
15
Number of Years with Current Firm
2
Work Experience
Independent Financial Advisor- Certified Financial Planner®
LPL Financial · Full-time
Sep 2023 - Present
Corona Ca
Financial Advisor
Merrill Lynch Wealth Management
Jun 2018 - Sep 2023
Riverside Ca.
AVP Financial Solutions Advisor
Bank of America Merrill Edge
Sep 2017 - May 2018
Corona Ca
Independent Financial Advisor
LPL Financial
Dec 2015 - Sep 2017
Financial Advisor
Edward Jones
Aug 2010 - Dec 2015
Work with the following types of clients
Businesses, Individual Investors
Advisory Services Provided
Financial Advice & Consulting, Investment Advice & Management, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses, Wealth Management
Services
Investment Types
Mutual Funds, Bonds, Stocks, Annuities, Insurance, Exchange Traded Funds (ETFs), Alternative Investments, Socially Responsible Investments (SRI)
Can meet clients in the following ways
Your Office, Phone, Video Conference, Your Home, Our Office
Compliance
Registered Representative
Yes
Investment Advisor Representative
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Certifications, Accreditations & Designations
CFP®, CEPA®
Securities Licenses
Series 66, Series 7
Insurance and Annuity Licenses
Long Term Care, Variable Annuity, Life, Health, Annuity, Disability
Firm Information
Advisor's Number of Clients
40
Advisor's Number of Managed Clients
25
Advisor's Number of Planning Clients
25
Total Assets Under Management by Advisor
30,000, 000
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
$100,000
Compensation Methods
Based on Assets, Commissions, Flat Fee, Hourly
Fee % Based on Assets
.08-1.3
Hourly Rate
$200
Minimum Fee Charged for Managed Accounts
$1000/yr
Minimum Fee Charged for Hourly Planning Accounts
$200/hr
Education
BA - Economics
Villanova University
1973 -1977
BA - Economics
Villanova University
1973 -1977
Disclosures
Scott Foties is a registered representative with and Securities and advisory services are offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC.
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LPL ADV 2A
https://www.lpl.com/content/dam/lpl-www/documents/disclosures/A58.pdf
Additional Detailed Disclosures
https://www.lpl.com/content/dam/edam/format/disclosure/wiseradvisor-lpl-detailed-disclosures.pdf