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David Benedict

LPL Financial LLC
43 Years of Experience
Hilton Head, SC
BrokerSells Insurance
View SEC Summary
View SEC Summary

David Benedict is a ChFC-designated registered investment advisor at LPL Financial LLC, based in Hilton Head, SC, with 43 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28129 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Hilton Head, SC

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

David is involved with KAFL Insurance Resources, selling non-variable insurance since 1995. This takes minimal time during securities trading.

Employment History
Current Registrations
LPL Financial LLC
August 2021 - Present · 5 yrs 2 mos
LPL Financial LLCBroker
September 2018 - Present · 8 yrs 1 mo
Previous Registrations
Cadaret Grant & CO INC
May 2017 - September 2018 · 1 yr 4 mos
Cadaret, Grant & CO., INC.Broker
May 2017 - September 2018 · 1 yr 4 mos
MML Investors Services, LLC
January 2015 - May 2017 · 2 yrs 4 mos
MML Investors Services, LLCBroker
November 2010 - May 2017 · 6 yrs 6 mos
Lincoln Financial Advisors CorporationBroker
June 2007 - December 2010 · 3 yrs 6 mos
MML Investors Services, INC.Broker
August 1983 - June 2007 · 23 yrs 10 mos
Massachusetts Mutual Life Insurance CompanyBroker
June 1983 - January 1988 · 4 yrs 7 mos
State Registrations7 states
FLGAMAMDNCNYSC
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.
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