David Yaffee
David Yaffee is a registered investment advisor at LPL Enterprise, LLC, based in Ellington, CT, with 23 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 86,726 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LPLE provides access to investment management through third-party asset management programs (TAMPs) and LPL's Model Wealth Portfolios (MWP). For TAMPs, the fees are negotiated with the LPLE representative, typically up to 2% of the assets managed, but may be higher in certain circumstances. The TAMP sponsor also charges a fee. For MWP, clients are charged an annual account fee that includes an advisory fee (maximum 2.35% and is negotiable) and a manager fee (0% to 0.60%).
Location
Ellington, CT
Get directionsHistory
Regulatory History (2)
Financial
August 2025Financial
February 2017Other Business Activities
David acts as Power of Attorney for his mother, managing her bills and accounts, which takes minimal time. He also owns Yaffee & Associates, LLC, which focuses on musical instrument sales and training, also taking minimal time.
Employment History
Current Registrations
LPL Enterprise, LLC
LPL Enterprise, LLC
LPL Enterprise, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
LPL Financial LLCBroker
LPL Financial LLC
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Infinex Investments, INC.
Infinex Investments, INC.Broker
People's Securities, INC.Broker
People's Securities, INC.
Connecticut Investment Management
Newalliance Investments, INC.Broker
Newalliance Investments, INC.
Ing Financial Advisers, LLC
Ing Financial Advisers, LLCBroker
Edward JonesBroker
A. G. Edwards & Sons, INC.
A. G. Edwards & Sons, INC.Broker
State Registrations4 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.