Fergus Falls, MN College Way Office

Team
Updated today
LPL Enterprise logo

LPL Enterprise

Institution

Firm-wide stats for LPL Enterprise

Total advisors

3,115

Across 865 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

1401 College Way

Fergus Falls MN 56537

Advisors at this office

3

Advisors at this office

user avatar

Kurt N

Series 66

Fergus Falls, MN

LPL Enterprise

Kurt Nygaard is a financial advisor with LPL Enterprise, holding a Series 66 designation and 17 years of industry experience. His prior roles include positions at Prudential Insurance Company of America, Pruco Securities, LLC, and Thrivent Financial for Lutherans. Outside of his advisory work, he serves as a fiduciary for his immediate family. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individuals, high-net-worth investors, and institutional entities. The firm utilizes primarily model-driven investment implementation and offers financial planning, access to third-party asset managers, and insurance product sales through affiliated entities.

Tax-loss harvesting
user avatar

Marie W

Series 66

Fergus Falls, MN

LPL Enterprise

Marie Waltz is a financial advisor with LPL Enterprise, holding a Series 66 designation and beginning her advisory career in 2025. She previously spent 20 years at Wells Fargo Bank. LPL Enterprise provides investment advisory and brokerage services to a diverse client base including individual investors, retirement plans, banks, and charitable entities. The firm employs a model-driven investment approach and offers financial planning, access to third-party asset managers, and affiliated trust and insurance services.

Tax-loss harvesting
user avatar

Stephen V

Series 66

Fergus Falls, MN

LPL Enterprise

Stephen Vigesaa is a financial advisor with LPL Enterprise, holding a Series 66 designation and 20 years of industry experience. His prior work includes roles at Wells Fargo Clearing, Edward Jones, and Prudential. Outside of his advisory work, he serves on the Fergus Falls Public Schools board and the local Center for the Arts board, and he is involved as a direct support professional at a community service organization. LPL Enterprise provides investment advisory and brokerage services to individual and high-net-worth investors, retirement plans, banks, and charitable entities. The firm employs a model-driven investment approach, offering financial planning, access to third-party asset managers, and brokerage and insurance product sales through affiliated entities.

Tax-loss harvesting
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