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Advisors / Illinois / Godfrey
36yrs

Donovan Ehrman

Financial advisor at LPL Financial

Donovan Ehrman is a fiduciary financial advisor in Godfrey, Illinois, with 36 years in the industry. Donovan joined LPL Financial in 2020, after six years at Cuna Brokerage Services and two years at Strategic Advisers. LPL Financial offers financial planning, investment management, and educational workshops and is paid through a percentage of assets, hourly fees, and flat fees.

One of 11 advisors with offices in Godfrey, and one of 11 fiduciaries.

Godfrey, IL 62035Top 7% by experience in IllinoisFiduciary advisor
Call LPL FinancialDirections

At a glance

Experience36 years (since 1991)
How that compares ?Top 7% by experience in Illinois
Office1305 D'adrian Professional PK, Godfrey, IL 62035
How the firm is paid ?Percent of assets, Hourly, Flat fee
Typical client at the firm ?$399,489
Advisors at the firm23,459
States licensed ?2 states

Services through LPL Financial

Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsEducational seminars and workshopsOther services

Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.

Licenses

Exams passed, from the official record. Tap a license to see what it allows.

Series 63Uniform Securities Agent State Law Examination
Series 66Uniform Combined State Law Examination

Career

  1. 2020 – now
    LPL Financial LLCCurrent firm
  2. 2014 – 2020
    Cuna Brokerage Services, Inc.Previously
  3. 2012 – 2014
  4. Apr 2012 – Jul 2012

Questions to ask Donovan

Tailored to Donovan’s registration and firm.

  1. What's your succession plan, and who would work with me if you retire?
  2. At a firm this size, will I work with you directly or with a service team?
  3. What does a financial plan with you include, and how often is it updated?
  4. Where would my money be held, and will I get statements directly from that firm?
  5. What would I pay in total each year, in dollars, including fund and trading costs?

My notes and scorecard

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About Donovan

How do I contact Donovan?

Call LPL Financial at (704) 733-3300 and ask for Donovan Ehrman. Donovan works from the Godfrey, IL office.

How long has Donovan been a financial advisor?

Donovan has been in the industry since 1991, about 36 years. Top 7% by experience in Illinois.

What licenses does Donovan hold?

Series 63, Series 66. Tap any license on this page to see what it allows.

Is Donovan a fiduciary?

Donovan is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.

How is Donovan paid?

LPL Financial reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees. Ask Donovan for your total yearly cost in dollars.

Official record as of October 3, 2026.

This profile is for information only and is not financial advice or a recommendation.

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