TrueAdvisor
TrueAdvisor
DA
ChFC
DA
ChFC

Douglas Ackerman

Kestra Advisory Services, LLC
34 Years of Experience
Wilmette, IL
BrokerSells Insurance
View SEC Summary
View SEC Summary

Douglas Ackerman is a ChFC-designated registered investment advisor at Kestra Advisory Services, LLC, based in Wilmette, IL, with 34 years of industry experience. Douglas 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
1456 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

Wilmette, IL

Get directions

History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Douglas is involved with several insurance-related businesses, including disability, health, term, home, auto, and commercial insurance. He also provides investment advisory services through Kestra Advisory Services, LLC and RR Activities through Kestra Investment Services, LLC using a DBA name, dedicating more than full-time hours to these activities.

Employment History
Current Registrations
Kestra Advisory Services, LLC
April 2016 - Present · 10 yrs 6 mos
Kestra Investment Services, LLCBroker
November 2003 - Present · 22 yrs 11 mos
Previous Registrations
NFP Advisor Services, LLC
December 2003 - September 2016 · 12 yrs 9 mos
Ernst & Young Investment Advisers LLP
November 2002 - December 2003 · 1 yr 1 mo
Veravest Investments, INC.Broker
June 1992 - November 2003 · 11 yrs 5 mos
State Registrations22 states
ARAZCACOFLGAIAILINMIMNMOMSNCOHSCTNTXVAVTWAWI
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.
More Advisors
More financial advisors in Wilmette, IL →All financial advisors in Illinois →