Newark, DE Continental Drive Office

Team
Updated today
LPL Enterprise logo

LPL Enterprise

Institution

Firm-wide stats for LPL Enterprise

Total advisors

3,115

Across 872 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

121 Continental Drive, Suite 109

Newark DE 19713

Advisors at this office

9

Advisors at this office

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Courtney B

Series 66

Newark, DE

LPL Enterprise

Courtney Brobst is a Series 66-licensed financial advisor with LPL Enterprise, based in Newark, Delaware, and has two years of industry experience. Prior to joining LPL Enterprise, she held roles at The Prudential Insurance Company of America and Pruco Securities LLC. She is also an independent Medicare insurance contractor. LPL Enterprise, LLC provides investment advisory and brokerage services to a diverse client base including individual investors, retirement plans, and corporate entities. The firm employs a model-driven investment approach and offers access to third-party asset managers, financial planning, and insurance products through its network of investment adviser representatives.

Tax-loss harvesting
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Marcus K

Series 66

Newark, DE

LPL Enterprise

Marcus Kindervater is a financial advisor with LPL Enterprise holding a Series 66 designation and three years of industry experience. His prior work includes roles at The Prudential Insurance Company of America and Pruco Securities LLC. Outside of his advisory work, he is also an independent Medicare insurance contractor. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individual and high-net-worth investors, retirement plans, banks, and charitable entities. The firm employs a model-driven investment approach, offering financial planning, third-party asset management access, and insurance products through affiliated entities.

Tax-loss harvesting
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Benjamin S

Series 66

Newark, DE

LPL Enterprise

Benjamin Schoeffler is a Series 66-licensed financial advisor with LPL Enterprise in Newark, Delaware, and has two years of industry experience. Prior to joining LPL Enterprise, he held roles at The Prudential Insurance Company of America, PRUCO Securities, Equitable Advisors, and other firms. He is also involved as a Medicare advisor through Messer Financial Group. LPL Enterprise provides investment advisory and brokerage services to individual and high-net-worth investors, retirement plans, banks, and other entities. The firm emphasizes model-driven investment implementation, access to third-party asset managers, and a range of financial planning services.

Tax-loss harvesting
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Joseph G

Series 63, Series 65

Newark, DE

LPL Enterprise

Joseph Garrity is a financial advisor at LPL Enterprise with 12 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at several firms, including Citizens Bank and The Prudential Insurance Company of America. Additionally, he is involved in selling Medicare Supplement and Medicare Advantage insurance policies through United Healthcare. LPL Enterprise provides investment advisory and brokerage services to a wide range of clients, including individuals, high-net-worth investors, retirement plans, and corporate entities. The firm employs a model-driven investment approach and offers access to third-party asset managers, financial planning, and insurance products through affiliated entities.

Tax-loss harvesting
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Cindy G

Series 63, Series 65

Newark, DE

LPL Enterprise

Cindy Garrity is a financial advisor with LPL Enterprise in Newark, DE, holding Series 63 and Series 65 licenses and 18 years of industry experience. She has worked at UBS Financial Services, Bank of America N.A., Merrill, and Citizens Securities Inc. prior to joining LPL. LPL Enterprise provides investment advisory and brokerage services to a diverse client base including individual and high-net-worth investors, retirement plans, banks, and charitable entities. The firm emphasizes model-driven investment implementation and offers financial planning, access to third-party asset managers, and participation in a wrap program.

Tax-loss harvesting
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Cameron M

Series 66

Newark, DE

LPL Enterprise

Cameron Michalak is a financial advisor at LPL Enterprise with one year of industry experience. He holds a Series 66 designation and previously worked at Ameriprise Financial. Outside of his advisory role, Michalak coaches varsity soccer at the Tome School. LPL Enterprise provides investment advisory and brokerage services to a diverse client base, including individual and high-net-worth investors, retirement plans, banks, and charitable entities. The firm employs a model-driven investment approach with access to third-party asset managers and offers services such as financial planning and participation in wrap programs.

Tax-loss harvesting
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David S

Series 63, Series 66

Newark, DE

LPL Enterprise

David Swaney Jr. is a financial advisor with LPL Enterprise, holding Series 63 and Series 66 licenses and bringing 12 years of industry experience. His previous roles include tenures at Prudential Insurance Company of America, Pruco Securities, AXA Advisors, and Farmers Insurance Group. He is also involved in selling Medicare Advantage, Medicare Supplement, auto, and homeowners insurance through affiliated agencies. LPL Enterprise provides investment advisory and brokerage services to individual and high-net-worth clients, retirement plans, banks, and charitable entities through a network of investment adviser representatives. The firm employs a model-driven investment approach, offering financial planning, access to third-party asset managers, and insurance product sales through affiliated entities.

Tax-loss harvesting
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Nathan L

Series 66

Newark, DE

LPL Enterprise

Nathan Leo is a financial advisor with LPL Enterprise based in Newark, DE, holding a Series 66 credential and five years of industry experience. Prior to joining LPL Enterprise in 2024, he worked with The Prudential Insurance Company of America and Pruco Securities LLC. Outside of advising, he is an active member of the IATSE Local 52 union. LPL Enterprise provides investment advisory and brokerage services to individual and high-net-worth investors, retirement plans, banks, and charitable entities through a network of investment adviser representatives. The firm employs a model-driven investment approach and offers financial planning, access to third-party asset managers, and affiliated insurance and trust services.

Tax-loss harvesting
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Albert M

Series 63, Series 65

Newark, DE

LPL Enterprise

Albert Minutola is a financial advisor with LPL Enterprise, holding Series 63 and Series 65 credentials and 39 years of industry experience. He previously worked at Cetera and Cetera Wealth Services, LLC, and has operated his own financial services and tax preparation business since 1989. Outside of advisory work, he serves as a board member for a homeowners association and sells fixed insurance products including life, health, disability, and long-term care insurance. LPL Enterprise provides investment advisory and brokerage services to individual and high-net-worth investors, retirement plans, banks, and charitable entities through a large network of investment adviser representatives. The firm’s investment approach is primarily model-driven, utilizing portfolios developed by LPL’s research team and third-party strategists, while also offering financial planning, access to asset managers, and insurance product facilitation through affiliated entities.

Tax-loss harvesting
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