Andrea Romero
Andrea Romero is a registered investment advisor at Second Line Capital, LLC, based in Metairie, LA, with 11 years of industry experience. Andrea 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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%.
Location
2800 Veterans Memorial Blvd., Suite 220, Metairie, LA, 70002
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Andrea conducts her LPL business through Faubourg Private Wealth, LLC and also works as a Registered Investment Advisor Representative (IAR) through Faubourg Private Wealth and Second Line Capital LLC, spending nearly full-time on these activities. She also works as an agent selling term life insurance, dedicating about 10% of her time to this activity.
Employment History
Current Registrations
Second Line Capital, LLC
LPL Financial LLCBroker
Previous Registrations
Advisor Resource Council
Edward Jones
Edward JonesBroker
State Registrations3 states
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