KS
Karen M. Starr
LPL ENTERPRISE
SIOUX FALLS, SD
Some features on this profile are disabled
CRD#: 2758005
KS
Professional summary
Karen Marie Starr, who also goes by Karen Marie Abrahamson, Karen Marie Borstad, is a registered financial advisor currently at LPL ENTERPRISE, LLC located in Sioux Falls, South Dakota.
Karen is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. Karen has worked at 6 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 6, Series 10, Series 9 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Karen Marie Abrahamson | Karen Marie Borstad
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
SALES & MARKETING EXECUTIVES, INC OF SIOUX FALLS POSITION: 1st Vice President on the Executive Board of Directors NATURE: Non-Profit and Charitable Organization INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 10 START DATE: 07/01/2021 ADDRESS: 101 N Main #308, Sioux Falls SD 57104, United States DESCRIPTION: Oversight of the non-profit organization dedicated to developing and sustaining leaders in the greater Sioux Falls area. NOTARY PUBLIC POSITION: Notary NATURE: Notary INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 06/21/2021 ADDRESS: 7312 S Ludlow Ln, Sioux Falls SD 57108, United States DESCRIPTION: Notarizing documents DAKOTA PINES LODGING LLC POSITION: Owner NATURE: Real Estate Development Rental and Leasing INVESTMENT RELATED: No NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 0 START DATE: 05/12/2021 ADDRESS: 7312 S Ludlow Ln, Sioux Falls SD 57108, United States DESCRIPTION: Oversight of rental properties for vacationers. POA/CONTINGENT CO-TRUSTEE FOR MY MOTHER POSITION: POA/Contingent Co-Trustee for my mother NATURE: Fiduciary Appointment (e.g., Trustee, Executor, POA) INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 08/01/2020 ADDRESS: 7312 S Ludlow Ln, Sioux Falls SD 57108, United States DESCRIPTION: POA/Contingent Co-Trustee for my mother
CRS (Client Relationship Summary) - RIA
Click below to view Karen Marie Starr's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Karen Marie Starr's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
November 14, 2024 - Present
LPL ENTERPRISE, LLC
Office #2: 600 S Highway 169 Suite 1000, St. Louis Park, MN 55426-0134RIA
BD
CRD#: 8733
SIOUX FALLS, SD
Current
November 14, 2024 - Present
LPL ENTERPRISE, LLC
Office #1: 600 S Highway 169 Suite 1000, St. Louis Park, MN 55426-0134RIA
BD
CRD#: 8733
ST. LOUIS PARK, MN
Past
March 28, 2023 - November 14, 2024
PRUCO SECURITIES, LLC.
RIA
CRD#: 5685
ST. LOUIS PARK, MN
Past
March 24, 2023 - November 14, 2024
PRUCO SECURITIES, LLC.
BD
CRD#: 5685
ST. LOUIS PARK, MN
Past
January 4, 2021 - November 18, 2022
STIFEL, NICOLAUS & COMPANY, INCORPORATED
RIA
CRD#: 793
SIOUX FALLS, SD
Past
December 2, 2020 - November 18, 2022
STIFEL, NICOLAUS & COMPANY, INCORPORATED
BD
CRD#: 793
SIOUX FALLS, SD
Past
August 8, 2006 - December 15, 2020
PRINCIPAL SECURITIES, INC.
RIA
CRD#: 1137
SIOUX FALLS, SD
Past
August 3, 2006 - December 15, 2020
PRINCIPAL SECURITIES, INC.
BD
CRD#: 1137
SIOUX FALLS, SD
Past
March 31, 2004 - May 15, 2006
THRIVENT INVESTMENT MANAGEMENT INC.
RIA
CRD#: 18387
JOHNSTON, IA
Past
July 1, 2002 - May 15, 2006
THRIVENT INVESTMENT MANAGEMENT INC.
BD
CRD#: 18387
JOHNSTON, IA
Past
June 21, 1996 - July 1, 2002
LUTHERAN BROTHERHOOD SECURITIES CORP.
BD
CRD#: 4205
MINNEAPOLIS, MN
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
LE
LPL ENTERPRISE, LLC
APPALACHIAN INVESTMENT CORPORATION | LPLE | LPL ENTERPRISE, LLC | LPL ENTERPRISE | HARVEST FINANCIAL CORPORATION WILL DO INVESTMENT ADVISORY BUSINESS ONLY IN CALIFORNIA AS HARVEST ADVISORS | HARVEST FINANCIAL CORPORATION
CRD#: 8733 / SEC#: 801-130883, 8-26037
RIA
Registered Investment Advisory firm - SEC (8/7/2024 Approved)California
Registered Investment Advisory firm - SEC (11/29/2020 Terminated)Ohio
Registered Investment Advisory firm - SEC (4/1/2023 Terminated)Pennsylvania
Registered Investment Advisory firm - SEC (4/7/2023 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta district office)
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(1/2/2025)
RR
Illinois(11/14/2024)
RR
Iowa(11/14/2024)
RR
Minnesota(11/14/2024)
IAR
Minnesota(11/14/2024)
RR
Montana(11/5/2025)
RR
North Dakota(11/14/2024)
RR
South Dakota(11/14/2024)
IAR
South Dakota(11/14/2024)
RR
Wisconsin(11/14/2024)
RR
Wyoming(11/5/2025)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
LE
LPL ENTERPRISE, LLC
APPALACHIAN INVESTMENT CORPORATION | LPLE | LPL ENTERPRISE, LLC | LPL ENTERPRISE | HARVEST FINANCIAL CORPORATION WILL DO INVESTMENT ADVISORY BUSINESS ONLY IN CALIFORNIA AS HARVEST ADVISORS | HARVEST FINANCIAL CORPORATION
CRD#: 8733 / SEC#: 801-130883, 8-26037
RIA
Registered Investment Advisory firm - SEC (8/7/2024 Approved)California
Registered Investment Advisory firm - SEC (11/29/2020 Terminated)Ohio
Registered Investment Advisory firm - SEC (4/1/2023 Terminated)Pennsylvania
Registered Investment Advisory firm - SEC (4/7/2023 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (Atlanta district office)
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Contact information
Main Address
1055 Lpl Way, Fort Mill, SC 29715
Mailing Address
1055 Lpl Way, Fort Mill, SC 29715
Phone number
(704) 733-3300
Established
Delaware since 05/25/2023
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Large
# of Employees
4,650
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| LPL HOLDINGS, INC. | MANAGING MEMBER | |
| HORAN-ADAMS, KIRBY LEPAK | CHIEF EXECUTIVE OFFICER. PRESIDENT | 5097259 |
| MALFITANO, STEVEN THOMAS | PRINCIPAL FINANCIAL OFFICER AND PRINCIPAL OPERATIONS OFFICER, FINOP | 3178848 |
| MORRISON, STEVEN PHILIP | SECRETARY | 4529345 |
| SHEEHAN, RICHARD STEVEN | SVP, CHIEF COMPLIANCE OFFICER | 3096567 |
Regulatory assets under management
| Total Number of Accounts | 114,002 |
| AUM (Assets Under Management) | $ 18,862,098,900 |
Disclosures
| Regulatory Event | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 06/25/2025 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
