Lindell Douglas
Lindell Douglas is a CFP-designated registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 27 years of industry experience. Lindell operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.
Location
6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308
Get directionsHistory
Regulatory History (4)
Judgment / Lien
April 2017Judgment / Lien
September 2011Judgment / Lien
September 2011Customer Dispute
September 2004Other Business ActivitiesSells Insurance
Lindell is the managing director of LDA Wealth Management, spending most of his time there. He also serves as an insurance agent for LDA Wealth Management, selling life, disability, and long-term care insurance, and is involved in other activities including executive chairman of Carribean Village Entertainment Inc, president of The Galleon Foundation, a minister at Lindell Douglas Global Ministries, and an author.
Employment History
Current Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Previous Registrations
J. W. Cole Advisors, INC.
J.W. Cole Financial, INC.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
American Express Financial Advisors, INC.
PFS Investments INC.Broker
State Registrations7 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.