DK
David A. Kalfen
CETERA INVESTMENT ADVISERS LLC
VERNON HILLS, IL 60061
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CRD#: 1327131
DK
Professional summary
David Alan Kalfen is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Vernon Hills, Illinois and CETERA FINANCIAL SPECIALISTS LLC located in Vernon Hills, Illinois.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1985. David has worked at 3 firms and has passed the Series 65, Series 63, SIE, Series 62 and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1)CENTER FOR ENRICHED LIVING, NON-INVESTMENT RELATED, 280 SAUNDERS RD., RIVERWOODS, FL, NON-PROFIT, START DATE 7-07, BOARD TRUSTEE; 2)NAME OF OTHER BUSINESS:GIRLS WHO LIFT INC ; INVESTMENT RELATED: NO ; ADDRESS: 1612 PROVENANCE WAY, NORTHBROOK IL 60062 ; NATURE OF BUSINESS: CLOTHING COMPANY ; POSITION/TITLE/RELATIONSHIP: SECRETARY / CFO ; START DATE: 07/2020 ; APX NUMBER OF HOURS PER WEEK: 15 ; APX NUMBER OF HOURS DURING TRADING HOURS: 2.5 ; BRIEF DESCRIPTION OF DUTIES: CLOTHING COMPANY ; 3)FIXED INSURANCE WITH VARIOUS COMPANIES, INVESTMENT RELATED, SAME AS REGISTERED LOCATION, FIXED INSURANCE, START DATE: 6/2018, INSURANCE AGENT , APX NUMBER OF HOURS PER WEEK: VARIES, APX NUMBER OF HOURS DURING TRADING HOURS: VARIES, SELLS HEALTH 4) KALFEN FINANCIAL SOLUTIONS; INVESTMENT RELATED; SAME AS REGISTERED ADDRESS; DBA FOR INVESTMENT PRACTICE; START 11/2014; 40 HOURS/WEEK DURING TRADING HOURS; REGISTERED REPRESENTATIVE 5) DAVID KALFEN; NOT INVESTMENT RELATED; SAME AS REGISTERED ADDRESS; NOTARY SERVICES; START 6/2015; LESS THAN 1 HOUR/WEEK DURING SECURITIES TRADING HOURS; NOTARY PUBLIC 6)STRATEGIC INCENTIVE MARKETING, LLC, INVESTMENT RELATED, 360 FOXFORD DR, BUFFALO GROVE, IL, 60189, INSURANCE, STARTED 06/2019, SALESPERSON APX NUMBER OF HOURS PER WEEK: 3-5, MAY BE DURING TRADING HOURS BRIEF DESCRIPTION OF DUTIES: DBA SALES OF A FIXED INDEMNITY HEALTH MANAGEMENT PLAN 7)N/A, NOT INVESTMENT RELATED, SAME AS RESIDENTIAL LOCATION, TRUST AND ESTATE, STARTED 11/2018, POSITION/TITLE/RELATIONSHIP: TRUSTEE AND EXECUTOR APX 5 HOURS PER WEEK, MAY BE DURING TRADING HOURS, BRIEF DESCRIPTION OF DUTIES: ADMINISTER TRUST AND ESTATE OF PARENT 8) NAME OF OTHER BUSINESS: SIM INNOVATORS LLC INVESTMENT RELATED: NO ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: CONSULTING START DATE: 12/2019 ; POSITION/TITLE/RELATIONSHIP: OWNER / CONSULTANT APX NUMBER OF HOURS PER WEEK: 20 APX NUMBER OF HOURS DURING TRADING HOURS: 20 BRIEF DESCRIPTION OF DUTIES: HELPING COMPANIES CUT COSTS AND INCREASE PROFITS 9) NAME OF OTHER BUSINESS: KALFINI LLC; INVESTMENT RELATED: NO; ADDRESS: 215 N NEW RIVER DR. EAST UNIT 1460 FT LAUDERDALE, FL 33301; NATURE OF BUSINESS: ECOMMERCE SALE OF SHOES; START DATE: 9/2022; POSITION/TITLE/RELATIONSHIP: CO-MANAGING MEMBER; APX NUMBER OF HOURS PER WEEK: 7; APX NUMBER OF HOURS DURING TRADING HOURS: 7; BRIEF DESCRIPTION OF DUTIES: RESPONSIBLE FOR BUDGETING, CONTRACTS AND STRATEGIC INITIATIVES;
CRS (Client Relationship Summary) - RIA
Click below to view David Alan Kalfen's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
February 16, 1998 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 977 Lakeview Parkway Unit 130, Vernon Hills, IL 60061RIA
CRD#: 105644
VERNON HILLS, IL
Current
October 11, 1991 - Present
CETERA FINANCIAL SPECIALISTS LLC
Office #1: 977 Lakeview Parkway Unit 130, Vernon Hills, IL 60061BD
CRD#: 10358
Vernon Hills, IL
Past
January 9, 1985 - October 2, 1991
PFS INVESTMENTS INC.
BD
CRD#: 10111
DULUTH, GA
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(11/30/2004)
RR
California(4/8/1992)
RR
Colorado(9/27/1996)
RR
Florida(6/13/2006)
RR
Illinois(10/11/1991)
IAR
Illinois(2/16/1998)
RR
Kentucky(10/17/2024)
RR
Maryland(6/26/2012)
RR
Nevada(1/19/2024)
RR
Texas(8/1/2025)
IAR
Texas(8/1/2025)
RR
Wisconsin(1/2/2019)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
RR
Series 62
Date: 2/20/2014
Corporate Securities Limited Representative ExaminationGeneral Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
