Steven Farrell
LPL
2774 Commerce Drive NW Suite A
Rochester, MN 55901
5075353542
About LPL
We are a group of LPL Financial Advisors that are dedicated to helping clients pursue their financial goals & objectives. Prinvest Advisors was formed by Levi Befort & Steve Farrell with the clear purpose of bringing clarity & confidence to our clients lives by focusing in on their financial situations. By joining forces with other associates, we are able to offer you the breadth of knowledge gleaned from our combined experience of 75 years!
We recognize that everyone's financial situation is unique and we believe that a strong, personalized relationship drives the foundation for creating comprehensive financial plans based on your goals, your time frame and your tolerance to risk. We pride ourselves on developing life-long relationships with our clients & families while striving to provide them with the highest levels of service & support. We will be there to help you each step of the way in the pursuit of your personal financial goals.
See Disclosures
General Information
Firm Start Year
CRD#
2190514
Firm CRD#
6413
Insurance License#
50805
States Licensed in
AZ,CO,FL,IA,IN,MI,MN,NC,TX,WI
Years of Experience in Financial Services
34
Number of Years with Current Firm
33
Work Experience
I started in the investment business with Waddell & Reed in 1992 and then LPL Financial bought Waddell & Reed so I have been in the same company because of the purchase for 33 years.
Work with the following types of clients
Businesses, Individual Investors
Foreign Languages Serviced
English
Advisory Services Provided
Financial Planning for Individuals, Education Funding and Planning, Financial Advice & Consulting, Investment Advice & Management, Insurance Products & Annuities, Financial Planning, Portfolio Management, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning
Compliance
Registered Representative
Yes
Investment Advisor Representative
Yes
Acknowledged fiduciary
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
CMFC®, PPC
Securities Licenses
Series 66, Series 7
Insurance and Annuity Licenses
Long Term Care, Variable Life, Disability, Accident, Health, Annuity, Variable Annuity, Life
Firm Information
Advisor's Number of Clients
740
Advisor's Number of Managed Clients
372
Total Assets Under Management by Advisor
$115,000,000
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
$100,000
Compensation Methods
Commissions, Based on Assets, Flat Fee
Additional Details on Charges
My fees are fully disclosed prior to engagement.
Education
BS - Human Resource Management
Winona State University
08/1986 -05/1990
Disclosures
RothIRA.org provides referrals to financial professionals of LPL Financial, LLC (LPL). RothIRA.org is not a current client of LPL for brokerage or advisory services. Financial professionals of LPL pay RothIRA.org cash compensation for these referrals, which creates the incentive for RothIRA.org to make these referrals, resulting in a conflict of interest.
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