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David Schaper

LPL Financial LLC
25 Years of Experience
Anaheim, CA
3 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

David Schaper is a registered investment advisor at LPL Financial LLC, based in Anaheim, CA, with 25 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

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

Location

2300 E Katella Ave Ste 400, Anaheim, CA, 92806-6049

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History

Regulatory History (3)
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 2013
Denied
Customer Dispute
November 2002
Denied
Customer Dispute
October 2002
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David has a non-variable insurance DBA under Benchmark Wealth Management and a DBA for his LPL business. He also owns rental real estate and has interests in Whiskey Tango Holdings, LLC and Whiskey River Tavern, dedicating about 10-20% of his time to the tavern.

Employment History
Current Registrations
LPL Financial LLC
November 2004 - Present · 21 yrs 11 mos
LPL Financial LLCBroker
May 2004 - Present · 22 yrs 5 mos
Previous Registrations
First Allied Securities, INC.Broker
April 2004 - June 2004 · 2 mos
Citicorp Investment ServicesBroker
October 2003 - January 2004 · 3 mos
Wm Financial Services, INC.Broker
December 2000 - October 2003 · 2 yrs 10 mos
State Registrations41 states
AKALARAZCACOCTFLGAHIIAIDILINKSKYLAMAMDMEMIMNMTNCNDNHNJNMNVNYOHORPASCSDTNTXUTVAWAWI
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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