Fort Wayne, IN Chestnut Hills Pkwy Office

Team
Updated today
LPL Financial logo

LPL Financial

Institution

Firm-wide stats for LPL Financial

Total advisors

22,761

Across 10,463 offices

Clients per advisor

86 Typical

Avg AUM per client

$399,489 Typical

HNW client ratio

34% Very High

About

LPL Financial is an SEC‑registered investment adviser and broker‑dealer that serves individuals (including high‑net‑worth and non‑HNW clients), retirement plans and plan participants, banks, credit unions, corporations, and charitable organizations through a national network of investment adviser representatives (IARs). The firm offers financial planning, a variety of advisory programs (wrap, model and TAMP offerings), retirement plan consulting, 529 account management, and brokerage services, with program descriptions and client agreements provided through the IARs.

The firm provides both discretionary and non‑discretionary management across its programs and makes available model portfolios and research from LPL Research, third‑party subadvisors, and TAMP sponsors; LPL Research describes strategic (three‑ to five‑year) and tactical model approaches and supports diversified and alternative strategies. LPL also offers overlay portfolio management, direct indexing options, the Bank Wealth Program for institutional clients, and participant advice programs (IPA/OPA), and discloses use of technologies such as machine learning along with broad risk disclosures for many security types.

Compared with many peers, LPL’s brochure documents a substantial scope of non‑advisory product activity—an affiliated insurance agency (LPLIA) and continued insurance product sales by IARs, a collateralized lending program including LPL’s Secured Credit Account, and a credit‑card offering through a partner bank—alongside its advisory businesses. The brochure also discloses that LPL advertises performance results but does not present hypothetical performance, and it includes a summary of recent regulatory enforcement matters and remedial undertakings.

Based on LPL Financial

Expertise

College savings (529s, UTMA, etc.)

Based on LPL Financial

Location

1001 Chestnut Hills Pkwy, Suite 110

Fort Wayne IN 46814

Advisors at this office

5

Advisors at this office

user avatar

Ali F

Series 66

Fort Wayne, IN

LPL Financial

Ali Farhoumand is a financial advisor at LPL Financial with 28 years of industry experience. He holds a Series 66 designation and has previously worked at Next Financial Group Inc for 11 years. Farhoumand also serves on the board of directors for the Waterside Woods Homeowners' Association. LPL Financial is an SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, banks, corporations, and charitable organizations through a national network. The firm offers a range of advisory programs, financial planning, and consulting services, utilizing both discretionary and non-discretionary management approaches supported by research and model portfolios.

College savings (529s, UTMA, etc.)
user avatar

Ron C

Series 63, Series 65

Fort Wayne, IN

LPL Financial

Ron Carboni is a financial advisor with LPL Financial in Fort Wayne, IN, holding Series 63 and Series 65 designations and having nine years of industry experience. His prior work includes roles at NEXT Financial Group and New York Life Securities. LPL Financial is an SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, banks, corporations, and nonprofits through a national network of investment adviser representatives. The firm offers financial planning, advisory programs, retirement plan consulting, and brokerage services, employing both discretionary and non-discretionary management supported by research and model portfolios.

College savings (529s, UTMA, etc.)
user avatar

Farid F

Series 63, Series 65

Fort Wayne, IN

LPL Financial

Farid Farhoumand is a financial advisor at LPL Financial with 45 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Next Financial Group Inc for 11 years. Farhoumand is also president and CEO of One Resource Wealth Management, Inc. LPL Financial is an SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, financial institutions, corporations, and charitable organizations through a national network of investment adviser representatives. The firm provides a range of advisory programs, retirement plan consulting, and brokerage services, offering both discretionary and non-discretionary management supported by research and model portfolios.

College savings (529s, UTMA, etc.)
user avatar

Armando B

Series 65, Series 63

Fort Wayne, IN

LPL Financial

Armando Bustamante is a financial advisor with LPL Financial in Fort Wayne, IN, holding Series 65 and Series 63 licenses and bringing 11 years of industry experience. He previously worked at Northwestern Mutual and New York Life, with additional experience at Chevvys Inc. He is also involved with Inheritance Financial Solutions, a related business entity. LPL Financial is an SEC-registered investment adviser and broker-dealer serving a broad client base including individuals, retirement plans, and institutions. The firm provides a range of advisory programs, financial planning, and consulting services supported by model portfolios and research from multiple sources.

College savings (529s, UTMA, etc.)
user avatar

Reginald S

Series 66

Fort Wayne, IN

LPL Financial

Reginald Stiles is a financial advisor at LPL Financial with 18 years of industry experience. He holds a Series 66 designation and previously worked at Next Financial Group, Inc. for 11 years. Outside of his advisory role, he is employed by Walmart in a non-investment-related capacity. LPL Financial is an SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, banks, credit unions, corporations, and charitable organizations through a national network of investment adviser representatives. The firm offers a range of financial planning and advisory programs, including discretionary and non-discretionary management, model portfolios, and various technology-driven solutions.

College savings (529s, UTMA, etc.)
View complete list of advisors at this office
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