David Frohlichstein
David Frohlichstein is a CFP-designated registered investment advisor at Ausdal Financial Partners, INC., based in Downers Grove, IL, with 39 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 Education Planning, Estate Planning, Insurance Planning, Investment Management, and 2 more. Their firm serves 16,572 clients with $3.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 3.00% |
Maximum annual fee across investment advisory programs will not exceed 3%. Specific fee schedules are negotiated directly with your investment advisor representative.
Fee Estimator
Location
3250 Lacey Road, Suite 130, Downers Grove, IL, 60515
Get directionsHistory
Regulatory History (2)
Customer Dispute
January 2025Customer Dispute
October 2022Other Business ActivitiesSells Insurance
David works full-time as an Investment Advisor at Frolicstein Financial Solutions Group, Inc, providing insurance and investment services. He also owns rental property in Colorado, dedicating minimal time, and spends a few hours per week on music performance.
Employment History
Current Registrations
Ausdal Financial Partners, INC.
Ausdal Financial Partners, INC.Broker
Previous Registrations
Waterstone Financial Group, INC.
Heritage Capital Management INC
Waterstone Financial Group, INC.Broker
Transamerica Financial Resources, INC.Broker
State Registrations12 states
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
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