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David Lenda

Cambridge Investment Research Advisors, INC.
33 Years of Experience
Farmington Hills, MI
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

David Lenda is a ChFC-designated registered investment advisor at Cambridge Investment Research Advisors, INC., based in Farmington Hills, MI, with 33 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 Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 6 more. Their firm serves 361,213 clients with $140B in assets under management.

Cambridge Investment Research Advisors, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3940 advisors
Number of Clients
361,213 clients
Average Client Portfolio
$384K average
Assets Under Management
$138.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum allowable advisory fee is 2.25% annually across platforms. Actual fees are negotiable and set by your financial professional based on account size, complexity, and specific program selected.

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

Location

28555 Orchard Lake Road, Suite 100, Farmington Hills, MI, 48334

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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
September 2012
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is an advisory representative of a Registered Investment Advisor (RIA) since 2016, spending about a quarter of his time on this and trading. He is also an IAR doing business as Retirement & Wealth Strategies since 2019, dedicating nearly full-time hours to this and trading, and an independent insurance agent for various companies since 2024, spending minimal time on this and trading.

Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
June 2016 - Present · 10 yrs 4 mos
Cambridge Investment Research, INC.Broker
June 2016 - Present · 10 yrs 4 mos
Previous Registrations
Southeast Investments, N.c., INC.Broker
May 2013 - June 2016 · 3 yrs 1 mo
PNC Investments
November 2010 - May 2013 · 2 yrs 6 mos
PNC InvestmentsBroker
November 2010 - May 2013 · 2 yrs 6 mos
LPL Financial Corporation
March 2010 - December 2010 · 9 mos
LPL Financial CorporationBroker
March 2008 - December 2010 · 2 yrs 9 mos
Ifmg Securities, INC.Broker
May 2006 - March 2008 · 1 yr 10 mos
Cco Investment Services CORP.Broker
December 2005 - April 2006 · 4 mos
Charter One Securities, INC.Broker
November 2004 - December 2005 · 1 yr 1 mo
Hantz Financial Services, INC.Broker
June 1999 - October 2004 · 5 yrs 4 mos
Vestax Securities CorporationBroker
December 1997 - June 1999 · 1 yr 6 mos
Concord Brokerage Services, INC.Broker
October 1997 - December 1997 · 2 mos
American Express Financial Advisors INC.Broker
April 1993 - October 1997 · 4 yrs 6 mos
Ids Life Insurance CompanyBroker
April 1993 - October 1997 · 4 yrs 6 mos
Lehman Brothers INC.Broker
August 1990 - January 1991 · 5 mos
State Registrations3 states
MIOHTX
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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