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David Stone

LPL Financial LLC
46 Years of Experience
Oakbrook Terrace, IL
1 DisclosureBroker
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David Stone is a registered investment advisor at LPL Financial LLC, based in Oakbrook Terrace, IL, with 46 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

1 Tower Lane, Suite 1800, Oakbrook Terrace, IL, 60181

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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
May 2009
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David operates IHT Wealth Management as a DBA for his LPL business and provides investment advisory services through IHT Wealth Management, an independent investment advisor firm. He spends about half his time on this activity.

Employment History
Current Registrations
LPL Financial LLCBroker
May 2017 - Present · 9 yrs 5 mos
Iht Wealth Management LLC
May 2017 - Present · 9 yrs 5 mos
LPL Financial LLC
May 2017 - Present · 9 yrs 5 mos
Previous Registrations
Morgan Stanley
June 2009 - May 2017 · 7 yrs 11 mos
Morgan StanleyBroker
June 2009 - May 2017 · 7 yrs 11 mos
Morgan Stanley & CO. Incorporated
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley & CO. IncorporatedBroker
April 2007 - June 2009 · 2 yrs 2 mos
Morgan Stanley Dw INC.Broker
September 2006 - April 2007 · 7 mos
Morgan Stanley
September 2006 - April 2007 · 7 mos
William Blair & Company L.L.C.
September 2006 - October 2006 · 1 mo
William Blair & Company L.L.C.Broker
June 1990 - October 2006 · 16 yrs 4 mos
Smith Barney, Harris Upham & CO., IncorporatedBroker
October 1986 - June 1990 · 3 yrs 8 mos
Lehman Brothers Kuhn Loeb IncorporatedBroker
March 1982 - June 1984 · 2 yrs 3 mos
Shearson Lehman Brothers INC.Broker
February 1982 - October 1986 · 4 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 1980 - March 1982 · 2 yrs 2 mos
State Registrations10 states
FLILINKSMIMNMONCPARI
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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