AH
AH

Alden Hagardorn

28 Years of Experience
Metairie, LA
3 DisclosuresBroker

Alden Hagardorn is a registered investment advisor at Second Line Capital, LLC, based in Metairie, LA, with 28 years of industry experience. Alden operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 1,385 clients with $720M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
22 advisors
Number of Clients
1,385 clients
Average Client Portfolio
$522K average
Assets Under Management
$723.0M

Fee Structure

Planning is included in investment management (also available separately)

Second Line Capital (2LC) offers investment management services for an annual fee based on the amount of assets under management. The management fee can be up to 2.00% annually. The fee is determined by the investment advisor representative and is allocated between 2LC and the representative. The fee is charged quarterly, in advance, based on the market value of the assets being managed on the last day of the previous quarter. 2LC also uses LPL programs, which have maximum fees ranging from 0.95% to 3.0%.

Loading...

Location

2800 Veterans Memorial Blvd., Suite 220, Metairie, LA, 70002

Get directions

History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
October 2018
Customer Dispute
April 2003
Denied
Customer Dispute
August 2000
Denied
Other Business Activities

Alden is involved in several business activities, including serving as a sports statistician, providing investment advisory services through Faubourg Private Wealth, Advisor Resource Council, and Second Line Capital, LLC. He also dedicates minimal time to Hayleywood, Inc, Pharaoh's Club, freelance statistician work, Friends of St. Henry, and writing as an author.

Employment History
Current Registrations
Second Line Capital, LLC
May 2023 - Present · 2 yrs 11 mos
LPL Financial LLCBroker
October 2016 - Present · 9 yrs 6 mos
Previous Registrations
Advisor Resource Council
August 2018 - May 2023 · 4 yrs 9 mos
Level Four Advisory Services
November 2016 - August 2018 · 1 yr 9 mos
Ameriprise Financial Services, INC.
September 2010 - October 2016 · 6 yrs 1 mo
Ameriprise Financial Services, INC.Broker
September 2010 - October 2016 · 6 yrs 1 mo
Edward Jones
May 2008 - September 2010 · 2 yrs 4 mos
Edward JonesBroker
March 2008 - September 2010 · 2 yrs 6 mos
H&r Block Financial Advisors, INC.Broker
November 2003 - March 2008 · 4 yrs 4 mos
Edward JonesBroker
March 1997 - November 2003 · 6 yrs 8 mos
State Registrations11 states
CACTFLINLAMAMSNCNMUTVA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
Alden Hagardorn - Financial Advisor | TrueAdvisor