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David Nitta

21 Years of Experience
Mclean, VA
BrokerSells Insurance

David Nitta is a registered investment advisor at LPL Financial LLC, based in Mclean, VA, with 21 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

1640 Boro Place 4th Fl Ste 559, Mclean, VA, 22102

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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

David is an agent selling term, whole life, long-term care, and disability insurance, dedicating about 10-20% of his time to this activity. He also works full-time for Advisorlink/LPL Business and spends about a quarter of his time as an assistant football coach for Loudoun County Public Schools.

Employment History
Current Registrations
LPL Financial LLC
June 2023 - Present · 2 yrs 11 mos
LPL Financial LLCBroker
June 2023 - Present · 2 yrs 11 mos
Previous Registrations
MML Investors Services, LLC
February 2019 - June 2023 · 4 yrs 4 mos
MML Investors Services, LLCBroker
February 2019 - June 2023 · 4 yrs 4 mos
Northwestern Mutual Investment Services,llc
January 2007 - September 2016 · 9 yrs 8 mos
Northwestern Mutual Investment Services, LLCBroker
February 2005 - February 2019 · 14 yrs
State Registrations14 states
AZCACODCDEFLMDNJNYPASCTXUTVA
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.