FL
Franklin R. Lara
INDEPENDENT FINANCIAL GROUP
FRISCO, TX 75034
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CRD#: 5657622
FL
Professional summary
Franklin Romeo Lara, who also goes by Franklin Lara, is a registered financial advisor currently at INDEPENDENT FINANCIAL GROUP, LLC located in Frisco, Texas.
Franklin is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2009. Franklin has worked at 2 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Franklin Lara
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.
(1) PEAK FINANCIAL, INC POSITION: Agent/Representative NATURE: DBA Name for Marketing Purposes Only INVESTMENT RELATED: Yes NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 07/08/2013 ADDRESS: 451 W. Bonita Avenue, #5, San Dimas CA 91773, United States DESCRIPTION: IAR OF DBA PEAK FINANCIAL, INC. USED FOR MARKETING PURPOSES. (2) PEAK FINANCIAL INSURANCE AGENCY POSITION: Agent/Representative NATURE: Insurance outside of IFG INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 07/08/2013 ADDRESS: 451 W. Bonita Avenue, #5, San Dimas CA 91773, United States DESCRIPTION: CA INSURANCE AGENT OF DBA PEAK FINANCIAL INCUSRANCE AGENCY, OFFERING SALES OF VARIOUS INSURANCE PRODUCTS. (3) 805 TRANSPORTATION POSITION: Officer/Director NATURE: Other: INVESTMENT RELATED: No NUMBER OF HOURS: 20 SECURITIES TRADING HOURS: 0 START DATE: 09/01/2021 ADDRESS: Remote, Remote, Remote CA 91767, United States DESCRIPTION: Part owner of transportation company INSURANCE POSITION: Agent/Representative NATURE: Insurance outside of IFG INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 09/01/2025 ADDRESS: 13925 City Center Drive, Suite 200-235, Chino Hills CA 91709, United States DESCRIPTION: Insurance Agent with Purpose Wealth Partners, LLC DBA Purpose Wealth Partners offering sales of fixed insurance life, health, and fixed annuities since September 2025. Non-investment related. Approximately 10% time spent. Business conducted at office address of record. PURPOSE WEALTH PARTNERS, LLC. POSITION: Independent Contractor NATURE: DBA Name for Marketing Purposes Only INVESTMENT RELATED: Yes NUMBER OF HOURS: 5 SECURITIES TRADING HOURS: 5 START DATE: 09/01/2025 ADDRESS: 13925 City Center Drive, Suite 200-235, Chino Hills CA 91709, United States DESCRIPTION: Founder/Fiduciary Financial Advisor DBA Purpose Wealth Partners, LLC. providing general financial planning, asset allocation, and investment management since September 2025. Investment related, approximately 15% time spent, business conducted at office address of record.
CRS (Client Relationship Summary) - RIA
Click below to view Franklin Romeo Lara's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Franklin Romeo Lara'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
July 10, 2013 - Present
INDEPENDENT FINANCIAL GROUP, LLC
Office #1: 6160 Warren Parkway Ste. 100-154, Frisco, TX 75034Office #2: 13925 City Center Drive #200-235, Chino Hills, CA 91709RIA
BD
CRD#: 7717
FRISCO, TX
Current
July 8, 2013 - Present
INDEPENDENT FINANCIAL GROUP, LLC
Office #1: 6160 Warren Parkway Ste. 100-154, Frisco, TX 75034Office #2: 13925 City Center Drive #200-235, Chino Hills, CA 91709RIA
BD
CRD#: 7717
FRISCO, TX
Past
March 24, 2011 - July 12, 2013
NATIONAL PLANNING CORPORATION
RIA
CRD#: 29604
WEST COVINA, CA
Past
May 15, 2009 - July 12, 2013
NATIONAL PLANNING CORPORATION
BD
CRD#: 29604
WEST COVINA, CA
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".
INDEPENDENT FINANCIAL GROUP, LLC
HAGERTY STEWART & ASSOCIATES LLC | INDEPENDENT FINANCIAL GROUP, LLC | INDEPENDENT FINANCIAL GROUP, INC | IFG FINANCIAL GROUP, LLC | HAGERTY, VAN MOURICK & LOGAN | HAGERTY, STEWART AND ASSOCIATES, INC. | HAGERTY, STEWART & ASSOCIATES, INC.
CRD#: 7717 / SEC#: 801-62667, 8-22870
RIA
Registered Investment Advisory firm - SEC (1/30/2004 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Los Angeles 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
California(7/8/2013)
IAR
California(7/10/2013)
RR
Colorado(5/5/2021)
RR
Nevada(10/5/2015)
RR
Texas(10/5/2015)
IAR
Texas(10/6/2015)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
INDEPENDENT FINANCIAL GROUP, LLC
HAGERTY STEWART & ASSOCIATES LLC | INDEPENDENT FINANCIAL GROUP, LLC | INDEPENDENT FINANCIAL GROUP, INC | IFG FINANCIAL GROUP, LLC | HAGERTY, VAN MOURICK & LOGAN | HAGERTY, STEWART AND ASSOCIATES, INC. | HAGERTY, STEWART & ASSOCIATES, INC.
CRD#: 7717 / SEC#: 801-62667, 8-22870
RIA
Registered Investment Advisory firm - SEC (1/30/2004 Approved)BD
Broker-Dealer Firm Regulated by FINRA (Los Angeles district office)
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Contact information
Main Address
12671 High Bluff Drive Suite 200, San Diego, CA 92130
Mailing Address
12671 High Bluff Drive Suite 200, San Diego, CA 92130
Phone number
(858) 436-3180
Established
Delaware since 07/09/2001
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Large
# of Employees
622
SEC notice filing (52 States and Territories)
FINRA licenses (53 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| INDEPENDENT FINANCIAL GROUP, INC. | OWNER | |
| DAVIS, SCOTT EARLE | CFO & FINOP | 7160800 |
| DENNEN, BRIAN | CCO BROKERAGE & ADVISORY | 3239786 |
| FISCHER, DAVID ALLEN | MANAGING DIRECTOR | 1634222 |
| HEISING, SCOTT ALLEN | CHIEF EXECUTIVE OFFICER/ MANAGING DIRECTOR | 2192259 |
| KEEFE, KEVIN MICHAEL | PRESIDENT, COO | 1869560 |
| KREISMAN, SARAH JILL | SVP & GENERAL COUNSEL | 2671706 |
| PEARSON, TROY DALE | ROSFP | 2413897 |
Regulatory assets under management
| Total Number of Accounts | 44,046 |
| AUM (Assets Under Management) | $ 11,322,059,063 |
Disclosures
| Regulatory Event | 15 |
| Arbitration | 2 |
| Bond | 1 |
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.
Company Information
INDEPENDENT FINANCIAL GROUP, LLC
CRD#: 7717Frisco, TX 75034TRUST BUT VERIFY
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