Farmington Hills, MI Orchard Lake Rd Office

Team
Updated today
LPL Enterprise logo

LPL Enterprise

Institution

Firm-wide stats for LPL Enterprise

Total advisors

3,088

Across 868 offices

Clients per advisor

33 Very Low

Avg AUM per client

$239,757 Very Low

HNW client ratio

22% Typical

About

LPL Enterprise, LLC provides investment advisory and brokerage services to a broad client base that includes individual and high‑net‑worth investors, employer-sponsored retirement plans, banks, corporate and charitable entities through a network of investment adviser representatives (IARs). Services described in the brochure include financial planning and consulting, access to third‑party asset managers and TAMPs, and participation in the Model Wealth Portfolios wrap program; LPLE also operates as a broker‑dealer and facilitates insurance product sales through affiliated entities.

Investment implementation is typically model‑driven: LPLE and its IARs use model portfolios developed by LPL’s Research Department, third‑party Portfolio Strategists, or TAMP sponsors, with discretionary authority granted for MWP and, as specified, to TAMP sponsors or subadvisors. Financial planning engagements are generally point‑in‑time and non‑discretionary, and the firm does not accept performance‑based fees.

Noteworthy differences from many peers include LPLE’s prominent role in non‑securities products and services disclosed in the brochure — affiliated trust custody and trustee services (PTC and FTC), an affiliated insurance agency that receives commissions, and participation in a collateralized lending program (LPL’s Secured Credit Account) in which LPL may act as lender. The brochure also makes clear that LPLE primarily provides access to and referrals for third‑party managers rather than operating a formal “selection of other advisers” program, and its disclosures do not include hypothetical performance presentations.

Based on LPL Enterprise

Expertise

Tax-loss harvesting

Based on LPL Enterprise

Location

23332 Orchard Lake Rd, Suite A

Farmington Hills MI 48336

Advisors at this office

5

Advisors at this office

user avatar

Gaurang J

Series 66

Farmington Hills, MI

LPL Enterprise

Gaurang Joshi is a Series 66 licensed financial advisor with four years of industry experience, currently affiliated with LPL Enterprise. His prior experience includes roles at Ameriprise and Bedrock Management Services, as well as nine years at General Motors LLC. Outside of advisory work, he is co-owner of K&P Hospitality Inc., a non-franchise motel, and MARUTI FAST FOODS, LLC, a retail business. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individual and high-net-worth investors, retirement plans, and institutional entities. The firm utilizes model-driven investment implementation with access to third-party managers and offers a range of financial planning and consulting services.

Tax-loss harvesting
user avatar

John O

Series 63, Series 66

Farmington Hills, MI

LPL Enterprise

John Ogrodnick is a financial advisor with LPL Enterprise holding Series 63 and Series 66 credentials and 32 years of industry experience. His career includes roles at Prudential Insurance Company of America, Pruco Securities, Allstate Insurance, Cetera, and J P Turner & Company Capital Management. Outside of financial advising, he is active with the Detroit Red Wings Alumni Association, participating in charity hockey games and related appearances. LPL Enterprise serves a diverse client base including individual and high-net-worth investors, retirement plans, and corporate entities. The firm offers financial planning, access to third-party asset managers, and model-driven investment implementation through a network of investment adviser representatives.

Tax-loss harvesting
user avatar

Jamilah B

Series 63, Series 66

Farmington Hills, MI

LPL Enterprise

Jamilah Brown is a financial advisor with LPL Enterprise, holding Series 63 and Series 66 licenses and bringing 32 years of industry experience. Her prior roles include positions at Retirement Plan Advisors, LLC, Cambridge Investment Research, Inc., and Nationwide Investment Advisors, LLC. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individual investors, retirement plans, and corporate entities. The firm’s investment approach is primarily model-driven, utilizing portfolios developed by LPL’s Research Department and third-party strategists, while also offering access to insurance products and affiliated trust and lending services.

Tax-loss harvesting
user avatar

Pratik S

Series 63, Series 65

Farmington Hills, MI

LPL Enterprise

Pratik Shah is a financial advisor with LPL Enterprise, holding Series 63 and Series 65 credentials and 35 years of industry experience. He previously worked at Prudential Insurance Company of America and Pruco Securities, LLC. Shah serves on the boards of several nonprofit organizations focused on community outreach and humanitarian efforts, including MpowerAll, the Geetmala Foundation of Michigan, and the Abhi Shah Foundation. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individuals, high-net-worth investors, retirement plans, and charitable entities. The firm employs a model-driven investment approach utilizing portfolios developed by internal research and third-party strategists, and offers access to financial planning, third-party asset managers, and insurance products through affiliated entities.

Tax-loss harvesting
user avatar

Robert L

Series 65, Series 63

Farmington Hills, MI

LPL Enterprise

Robert Lamm II is a financial advisor with LPL Enterprise, holding Series 65 and Series 63 licenses and with 12 years of industry experience. His career includes roles at The Prudential Insurance Company of America and Pruco Securities, LLC. Outside of his advisory work, he is the owner and president of 3B Technology, LLC, a non-active business entity used for administrative purposes. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individuals, high-net-worth investors, retirement plans, and institutional entities. The firm employs a model-driven investment approach, primarily offering access to third-party portfolio managers and financial planning services.

Tax-loss harvesting
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