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CFP

Donovan Davis

LPL Financial LLC
25 Years of Experience
Alexandria, LA
Broker
View SEC Summary
View SEC Summary

Donovan Davis is a CFP-designated registered investment advisor at LPL Financial LLC, based in Alexandria, LA, with 25 years of industry experience. Donovan 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
28129 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
—
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Location

204 Pecan Park Avenue, Alexandria, LA, 71315-3527

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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 Activities

Donovan operates under the DBAs Reed Davis Investment Group and Reed Davis Wealth Management for his LPL business, dedicating full-time hours to the latter. He also owns RDIG, LLC, real estate rental property, and DavCo Farms for tax/investment purposes, spending minimal time on these activities.

Employment History
Current Registrations
LPL Financial LLC
October 2006 - Present · 20 yrs
LPL Financial LLCBroker
October 2006 - Present · 20 yrs
Previous Registrations
Raymond James Financial Services, INC.Broker
July 2004 - November 2006 · 2 yrs 4 mos
A. G. Edwards & Sons, INC.Broker
August 2001 - August 2004 · 3 yrs
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 2000 - January 2002 · 1 yr 2 mos
State Registrations12 states
AKALARFLGALAMSOKSCTXVAWA
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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