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David Voorhees

LPL Financial LLC
15 Years of Experience
Bethesda, MD
2 DisclosuresBrokerSells Insurance
View SEC Summary
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David Voorhees is a registered investment advisor at LPL Financial LLC, based in Bethesda, MD, with 15 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

Bethesda, MD

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History

Regulatory History (2)
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.
Criminal
November 2000
Final Disposition
Criminal
December 1991
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David operates under two DBAs for his LPL business: Frontier Financial Group (a few hours per week) and Waterford Wealth Management (nearly full-time). He also sells fixed insurance products from multiple companies, dedicating a few hours per week to this activity.

Employment History
Current Registrations
LPL Financial LLC
June 2024 - Present · 2 yrs 4 mos
LPL Financial LLCBroker
June 2024 - Present · 2 yrs 4 mos
Previous Registrations
Grove Point Advisors, LLC
April 2021 - June 2024 · 3 yrs 2 mos
H. Beck, INC.
November 2014 - April 2021 · 6 yrs 5 mos
Grove Point Investments, LLCBroker
November 2014 - June 2024 · 9 yrs 7 mos
Ameriprise Financial Services, INC.
August 2011 - November 2014 · 3 yrs 3 mos
Ameriprise Financial Services, INC.Broker
May 2011 - November 2014 · 3 yrs 6 mos
State Registrations18 states
CACTDCDEFLIDMDMIMNMTNCNJORPASCTXVAWV
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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