DV
DV

David Vanderhovel

31 Years of Experience
Wixom, MI
BrokerSells Insurance

David Vanderhovel is a registered investment advisor at LPL Financial LLC, based in Wixom, MI, with 31 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

49357 Pontiac Trail, #102, Wixom, MI, 48393

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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.

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Other Business ActivitiesSells Insurance

David is involved in several outside business activities, including real estate rentals, tax preparation/accounting, and selling fixed insurance. He spends about half his time on tax preparation/accounting and a few hours per week selling insurance.

Employment History
Current Registrations
LPL Financial LLCBroker
October 2020 - Present · 5 yrs 11 mos
LPL Financial LLC
October 2020 - Present · 5 yrs 11 mos
Previous Registrations
Royal Alliance Associates, INC.
May 2010 - October 2020 · 10 yrs 5 mos
Royal Alliance Associates, INC.Broker
August 2005 - October 2020 · 15 yrs 2 mos
Ing Financial Partners, INC
January 1998 - August 2005 · 7 yrs 7 mos
Ing Financial Partners, INC.Broker
January 1998 - August 2005 · 7 yrs 7 mos
North American Financial Group, INC.Broker
December 1994 - March 1998 · 3 yrs 3 mos
State Registrations12 states
CACOFLIDINKSMAMIOHTXUTVA
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.
David Vanderhovel - Financial Advisor | TrueAdvisor