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Daniel Sommers

Kestra Advisory Services, LLC
26 Years of Experience
Naperville, IL
BrokerSells Insurance
View SEC Summary
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Daniel Sommers is a CFP-designated registered investment advisor at Kestra Advisory Services, LLC, based in Naperville, IL, with 26 years of industry experience. Daniel 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

1700 Park St., Ste. 200,, Naperville, IL, 60563

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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

Daniel is a trustee for a 401k plan and a director for an education trust, each taking minimal time. He is also an investment advisor representative with Kestra Advisory Services, LLC, dedicating nearly full-time hours, and an independent contractor for Partners Wealth Management, Inc., where he provides investment, insurance, and financial consulting services, taking about three-quarters of his time.

Employment History
Current Registrations
Kestra Advisory Services, LLC
April 2016 - Present · 10 yrs 6 mos
Kestra Investment Services, LLCBroker
March 2001 - Present · 25 yrs 7 mos
Previous Registrations
NFP Advisor Services, LLC
June 2001 - September 2016 · 15 yrs 3 mos
Robert W. Baird & CO. IncorporatedBroker
February 2000 - January 2001 · 11 mos
Northwestern Mutual Investment Services, LLCBroker
January 2000 - February 2001 · 1 yr 1 mo
State Registrations13 states
AZFLGAILKSMIMNNCPASCTXVAWI
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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