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David Mizrahi

Kestra Advisory Services, LLC
46 Years of Experience
Malibu, CA
5 DisclosuresBrokerSells Insurance
View SEC Summary
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David Mizrahi is a registered investment advisor at Kestra Advisory Services, LLC, based in Malibu, CA, 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 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

Malibu, CA

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History

Regulatory History (5)
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 2015
Settled
Customer Dispute
May 2005
Settled
Customer Dispute
February 2005
Settled
Criminal
September 2004
Final Disposition
Customer Dispute
November 1991
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is the President and CEO of First Point Financial Management, providing wealth management, insurance, and investment advisory services. He dedicates full-time hours to this business.

Employment History
Current Registrations
Kestra Advisory Services, LLC
February 2026 - Present · 8 mos
Kestra Investment Services, LLCBroker
February 2014 - Present · 12 yrs 8 mos
Kestra Investment Services, LLC
February 2014 - Present · 12 yrs 8 mos
Previous Registrations
Kestra Private Wealth Services, LLC
February 2014 - March 2026 · 12 yrs 1 mo
Wells Fargo Advisors, LLCBroker
May 2008 - February 2014 · 5 yrs 9 mos
Wells Fargo Advisors, LLC
May 2008 - February 2014 · 5 yrs 9 mos
Bear, Stearns & CO. INC.
October 2005 - May 2008 · 2 yrs 7 mos
Bear, Stearns & CO. INC.Broker
October 2005 - May 2008 · 2 yrs 7 mos
Wachovia Securities, LLC
March 2000 - September 2005 · 5 yrs 6 mos
Wachovia Securities, LLCBroker
May 1999 - September 2005 · 6 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 1997 - July 1999 · 2 yrs 1 mo
Dean Witter Reynolds INC.Broker
February 1990 - June 1997 · 7 yrs 4 mos
Painewebber IncorporatedBroker
October 1986 - February 1990 · 3 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 1985 - October 1986 · 11 mos
E. F. Hutton & Company INCBroker
November 1981 - November 1985 · 4 yrs
Dean Witter Reynolds INC.Broker
February 1980 - November 1981 · 1 yr 9 mos
State Registrations9 states
CACTKSMIMNNYORSDTX
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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