David Schnall
David Schnall is a registered investment advisor at LPL Enterprise, LLC, based in Dewitt, NY, with 36 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
5789 Widewaters Parkway, Ste 1F, Dewitt, NY, 13214
Get directionsHistory
Regulatory History (3)
Customer Dispute
October 2018Customer Dispute
October 2017Customer Dispute
October 1997Other Business ActivitiesSells Insurance
David sells non-variable insurance products, including disability, term life (outside NY), fixed annuities, and long-term care insurance, dedicating minimal time to this. He also works as a ski instructor at Ski CNY (about 10-20% of his time) and Greek Peak Mountain Resort (a few hours per week).
Employment History
Current Registrations
LPL Enterprise, LLCBroker
LPL Enterprise, LLC
Previous Registrations
Prudential Financial Planning Services
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
The Prudential Insurance Company of AmericaBroker
State Registrations27 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.