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David Letourneau

Raymond James & Associates, INC.
39 Years of Experience
Palm Beach Gardens, FL
1 DisclosureBroker
View SEC Summary
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David Letourneau is a registered investment advisor at Raymond James & Associates, INC., based in Palm Beach Gardens, FL, 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, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 531,617 clients with $500B in assets under management.

Raymond James & Associates, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
5819 advisors
Number of Clients
531,617 clients
Average Client Portfolio
$942K average
Assets Under Management
$501.0B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Fees are not to exceed an annual rate of 2.25% of the value of assets on which investment consulting services are provided. Specific fee schedules for wrap fee programs and managed accounts are detailed in the separate Wrap Fee Program Brochure.

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

Location

3399 Pga Blvd., Suite 200, Palm Beach Gardens, FL, 33410

Get directions

History

Regulatory History (1)
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
October 1990
Award / Judgment
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David appears to have multiple outside business activities, including one in Duluth, Minnesota since 2017, and another in Tequesta, Florida since 2018. He also owns a hobby painting business, dedicating a few hours per week to it.

Employment History
Current Registrations
Raymond James & Associates, INC.
May 2021 - Present · 5 yrs 5 mos
Raymond James & Associates, INC.Broker
May 2021 - Present · 5 yrs 5 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
August 1990 - May 2021 · 30 yrs 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 1990 - May 2021 · 30 yrs 9 mos
Blinder, Robinson & CO., INC.Broker
April 1987 - October 1990 · 3 yrs 6 mos
State Registrations21 states
AZCACOCTFLILMAMIMNNCNENJNMNYPAPRSCTXUTWIWY
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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