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David Schnall

Kestra Advisory Services, LLC
38 Years of Experience
Port Jefferson, NY
3 DisclosuresBroker
View SEC Summary
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David Schnall is a registered investment advisor at Kestra Advisory Services, LLC, based in Port Jefferson, NY, with 38 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 Annuities, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 117,403 clients with $80B in assets under management.

Kestra Advisory Services, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1450 advisors
Number of Clients
117,403 clients
Average Client Portfolio
$680K average
Assets Under Management
$79.8B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Asset-based fees range up to 2.5% of assets under management and are negotiable based on account size, registration type, and services provided.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1303 Main Street, Port Jefferson, NY, 11777

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History

Regulatory History (3)
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.
Customer Dispute
July 2009
Settled
Customer Dispute
February 2006
Closed-No Action
Criminal
July 1990
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David works full-time as a registered representative with Soundview Wealth Financial and an investment advisor representative with Kestra Advisory Services. Both roles involve investment-related activities.

Employment History
Current Registrations
Kestra Investment Services, LLCBroker
September 2024 - Present · 2 yrs 1 mo
Kestra Advisory Services, LLC
September 2024 - Present · 2 yrs 1 mo
Kestra Investment Services, LLC
September 2024 - Present · 2 yrs 1 mo
Previous Registrations
UBS Financial Services INC.
October 2014 - September 2024 · 9 yrs 11 mos
UBS Financial Services INC.Broker
July 2014 - September 2024 · 10 yrs 2 mos
Morgan StanleyBroker
June 2009 - July 2014 · 5 yrs 1 mo
Wells Fargo Advisors, LLCBroker
January 2008 - June 2009 · 1 yr 5 mos
A. G. Edwards & Sons, INC.Broker
May 1995 - January 2008 · 12 yrs 8 mos
W.J. Nolan & Company, INC.Broker
October 1990 - June 1995 · 4 yrs 8 mos
F.S.G. Financial Services Group, INC.Broker
May 1988 - September 1990 · 2 yrs 4 mos
Equities International Securities, INC.Broker
February 1988 - May 1988 · 3 mos
Greeley Securities, INC.Broker
November 1987 - February 1988 · 3 mos
Macpeg, Ross, O'connell & Goldaber, INC.Broker
September 1987 - November 1987 · 2 mos
State Registrations15 states
ALAZCACOCTFLGAMAMINHNJNYSCTXVA
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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