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David Grabner

LPL Financial LLC
39 Years of Experience
Lutherville, MD
1 DisclosureBrokerSells Insurance
View SEC Summary
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David Grabner is a registered investment advisor at LPL Financial LLC, based in Lutherville, MD, 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 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
—
View Full SEC Brochure

Location

1301 York Rd, Ste 205, Lutherville, MD, 21093

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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
December 2012
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David operates Grabner Financial as a DBA for his LPL business, dedicating about 10-20% of his time to it. He also owns Halifax Boys, a farm, and The H.P. Executive Group, LLC, a real estate rental business, and sells non-variable insurance.

Employment History
Current Registrations
LPL Financial LLCBroker
May 2025 - Present · 1 yr 5 mos
LPL Financial LLC
May 2025 - Present · 1 yr 5 mos
Previous Registrations
Grove Point Advisors, LLC
April 2021 - May 2025 · 4 yrs 1 mo
Grove Point Investments, LLCBroker
September 2006 - May 2025 · 18 yrs 8 mos
H. Beck, INC.
September 2006 - April 2021 · 14 yrs 7 mos
AXA Advisors, LLC
August 2000 - September 2006 · 6 yrs 1 mo
AXA Advisors, LLCBroker
June 1987 - September 2006 · 19 yrs 3 mos
The Equitable Life Assurance Society of the United StatesBroker
June 1987 - January 2000 · 12 yrs 7 mos
State Registrations13 states
CACODEFLMDNCNHNJPASCTNTXVA
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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