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David Cade

LPL Financial LLC
42 Years of Experience
Houston, TX
2 DisclosuresBrokerSells Insurance
View SEC Summary
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David Cade is a registered investment advisor at LPL Financial LLC, based in Houston, TX, with 42 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
28221 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
—
View Full SEC Brochure

Location

738 Highway 6 S Ste 490, Houston, TX, 77079

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
July 2025
Customer Dispute
August 2018
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is an insurance agent selling various insurance products and owns a college financial planning business. He also owns American Financial, through which he offers securities and investment advisory services full-time.

Employment History
Current Registrations
LPL Financial LLC
July 2025 - Present · 1 yr 3 mos
LPL Financial LLCBroker
July 2025 - Present · 1 yr 3 mos
Previous Registrations
Next Financial Group, INC.
August 2005 - July 2025 · 19 yrs 11 mos
Next Financial Group, INC.Broker
August 2005 - July 2025 · 19 yrs 11 mos
AmerifinancialBroker
May 2005 - August 2005 · 3 mos
Raymond James Financial Services
July 1999 - May 2005 · 5 yrs 10 mos
Raymond James Financial Services, INC.Broker
July 1999 - May 2005 · 5 yrs 10 mos
Painewebber IncorporatedBroker
February 1996 - July 1999 · 3 yrs 5 mos
Everen Securities, INC.Broker
March 1994 - February 1996 · 1 yr 11 mos
Prudential Securities IncorporatedBroker
February 1992 - March 1994 · 2 yrs 1 mo
Lehman Brothers INC.Broker
October 1989 - March 1992 · 2 yrs 5 mos
Oppenheimer & CO., INC.Broker
February 1987 - November 1989 · 2 yrs 9 mos
Rauscher Pierce Refsnes, INC.Broker
June 1984 - March 1987 · 2 yrs 9 mos
State Registrations14 states
AZCACODELAMOMSMTNCOKPASCTXVA
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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