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James Davis

Commonwealth Financial Network
28 Years of Experience
Skokie, IL
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

James Davis is a registered investment advisor at Commonwealth Financial Network, based in Skokie, IL, with 28 years of industry experience. James is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

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

Location

9955 Karlov Avenue, Skokie, IL, 60076

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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 2000
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

James sells fixed insurance, dedicating minimal time to this activity. He also owns Davis Financial Strategies to facilitate securities, advisory, and insurance business, taking up nearly all of his time, and co-owns two real estate entities, spending minimal time on each.

Employment History
Current Registrations
Commonwealth Financial Network
January 2025 - Present · 1 yr 9 mos
Commonwealth Financial NetworkBroker
January 2025 - Present · 1 yr 9 mos
Previous Registrations
LPL Financial LLCBroker
May 2012 - January 2025 · 12 yrs 8 mos
LPL Financial LLC
May 2012 - January 2025 · 12 yrs 8 mos
Cco Investment Services CORP.Broker
September 2006 - June 2012 · 5 yrs 9 mos
Cco Investment Services CORP.
September 2006 - June 2012 · 5 yrs 9 mos
Fifth Third Securities, INC.
February 2006 - September 2006 · 7 mos
Fifth Third Securities, INC.Broker
December 2002 - September 2006 · 3 yrs 9 mos
The Huntington Investment CompanyBroker
July 1999 - April 2002 · 2 yrs 9 mos
Eq Financial Consultants, INC.Broker
October 1997 - March 1999 · 1 yr 5 mos
The Equitable Life Assurance Society of the United StatesBroker
October 1997 - March 1999 · 1 yr 5 mos
Commerce Brokerage Services, INC.Broker
May 1997 - October 1997 · 5 mos
N.I.S. Financial Services, INC.Broker
May 1995 - September 1995 · 4 mos
State Registrations12 states
AZDCFLGAILINMIMONMOHORTX
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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