TrueAdvisor
TrueAdvisor
DS
DS

David Shober

Kestra Advisory Services, LLC
24 Years of Experience
Gaithersburg, MD
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

David Shober is a registered investment advisor at Kestra Advisory Services, LLC, based in Gaithersburg, MD, with 24 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 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

Gaithersburg, MD

Get directions

History

Regulatory History (1)
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
April 2020
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is the owner of SZC Financial Planning & Management, where he works full-time as a registered representative. He also works minimal time as the owner of SZC Financial (Insurance) offering fixed annuities, life, and LTC insurance, and owns rental real estate property.

Employment History
Current Registrations
Kestra Advisory Services, LLC
May 2024 - Present · 2 yrs 5 mos
Kestra Investment Services, LLCBroker
May 2024 - Present · 2 yrs 5 mos
Previous Registrations
Osaic Wealth, INC.Broker
January 2024 - May 2024 · 4 mos
Osaic Wealth, INC.
January 2024 - May 2024 · 4 mos
Woodbury Financial Services, INC.
July 2017 - January 2024 · 6 yrs 6 mos
Woodbury Financial Services, INC.Broker
July 2017 - January 2024 · 6 yrs 6 mos
Securities Service Network, INC.Broker
November 2016 - June 2017 · 7 mos
Ssn Advisory, INC.
November 2016 - June 2017 · 7 mos
Aci Partners, LLC
September 2013 - December 2016 · 3 yrs 3 mos
National Planning Corporation ("npc of America" in Fl & Ny)
September 2006 - November 2016 · 10 yrs 2 mos
National Planning CorporationBroker
August 2006 - November 2016 · 10 yrs 3 mos
Banc of America Investment Services, INC.
January 2005 - January 2006 · 1 yr
Banc of America Investment Services, INC.Broker
January 2005 - January 2006 · 1 yr
Suntrust Securities, INC.
April 2004 - December 2004 · 8 mos
Suntrust Securities, INC.Broker
February 2002 - December 2004 · 2 yrs 10 mos
State Registrations12 states
DCDEFLGAMDNCNVNYPAVAVTWA
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.
More Advisors
More financial advisors in Gaithersburg, MD →All financial advisors in Maryland →