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DG

David L. Gabai

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CRD#: 1423723
DG

Professional summary


David Lawrence Gabai was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

David is a previously registered financial advisor and started their career in finance in 1985. Prior to being barred, David had worked at 10 firms, which includes COMERICA SECURITIES, LPL FINANCIAL LLC, 1717 CAPITAL MANAGEMENT COMPANY, EQUITY SERVICES INC., PRUCO SECURITIES LLC., NYLIFE SECURITIES LLC, TRIQUEST FINANCIAL INC., CITIGROUP GLOBAL MARKETS INC., KIDDER PEABODY & CO. INCORPORATED, UBS FINANCIAL SERVICES INC..

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


David L Gabai

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.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

October 4, 2011 - October 15, 2012

COMERICA SECURITIES

RIA
CRD#: 17079
WOODLAND HILLS, CA
Past

October 4, 2011 - October 15, 2012

COMERICA SECURITIES

BD
CRD#: 17079
DETROIT, MI
Past

September 2, 2004 - June 18, 2010

LPL FINANCIAL LLC

RIA
CRD#: 6413
BURBANK, CA
Past

September 2, 2004 - June 18, 2010

LPL FINANCIAL LLC

BD
CRD#: 6413
BURBANK, CA
Past

October 28, 2003 - August 31, 2004

1717 CAPITAL MANAGEMENT COMPANY

RIA
CRD#: 4082
LOS ANGELES, CA
Past

July 24, 2003 - August 31, 2004

1717 CAPITAL MANAGEMENT COMPANY

BD
CRD#: 4082
NEWARK, DE
Past

January 19, 2000 - September 16, 2003

EQUITY SERVICES, INC.

BD
CRD#: 265
MONTPELIER, VT
Past

June 16, 1998 - January 5, 2000

PRUCO SECURITIES, LLC.

BD
CRD#: 5685
NEWARK, NJ
Past

February 12, 1996 - June 5, 1998

NYLIFE SECURITIES LLC

BD
CRD#: 5167
NEW YORK, NY
Past

October 23, 1990 - January 17, 1996

TRIQUEST FINANCIAL, INC.

BD
CRD#: 6596
GLENDALE, CA
Past

October 30, 1989 - October 19, 1990

CITIGROUP GLOBAL MARKETS INC.

BD
CRD#: 7059
NEW YORK, NY
Past

June 9, 1988 - November 16, 1989

KIDDER, PEABODY & CO. INCORPORATED

BD
CRD#: 7613
NEW YORK, NY
Past

October 23, 1985 - June 17, 1988

UBS FINANCIAL SERVICES INC.

BD
CRD#: 8174

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
IAR
Series 65
Date: 5/26/1999
Uniform Investment Adviser Law Examination
State Security Law Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
RR
Series 8
Date: 1/23/1992
General Securities Sales Supervisor Examination (Options Module & General Module)

Current Firm


CS
COMERICA SECURITIES
ADVANTAGE INVESTMENT SERVICE | MANUBANK INVESTMENT SERVICES CORPORATION | COMERICA SECURITIES,INC. | COMERICA SECURITIES | COMERCIA SECURITIES

CRD#: 17079 / SEC#: 801-64897, 8-35001

BD
Broker-Dealer Firm Regulated by FINRA (Chicago district office)
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Contact information


Main Address
1000 Woodward Ave, Detroit, MI 48226
Mailing Address
36455 Corporate Drive Mail Code 3291, Farmington Hills, MI 48331
Phone number
(214) 462-1117
Established
Michigan since 10/10/1985
Firm type
Corporation
Fiscal year end
December
Firm Size
Small
# of Employees
211

FINRA licenses (53 States and Territories)


Blank US states mapAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

Documents


Customer Relationship Summary (CRS / FINRA)Latest Form ADV

Part 2 Brochures

COMERICA SECURITIES ADV PART 2 DISCLOSURE BROCHURE (4/26/2023)

Direct owners and executive officers


NamePositionCRD#
COMERICA INVESTMENT SERVICES, INC.SHAREHOLDER
AMOS, NICHOLAS CHARLESDIRECTOR2013807
CARR, JAMESDIRECTOR4353199
MAIER, JOHN BONIFACEDIRECTOR1812378
MURDOCK, WILLIAM BCEO/PRESIDENT/CHAIRMAN5777100
SCHELL, RICHARD EDWARDDIRECTOR/ SENIOR VICE PRESIDENT/ CCO1543415
THAIRANI, POOJADIRECTOR/PRINCIPAL FINANCIAL OFFICER/PRINCIPAL OPERATIONS OFFICER7869698

Regulatory assets under management


Total Number of Accounts4,527
AUM (Assets Under Management)$ 2,385,128,214

Disclosures


Regulatory Event13
Arbitration3

Accountant surprise examination report


Filing DateForm ADV-E CoverForm ADV-E Report
08/11/2023
Cover Page
12/05/2022

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.

Company Information


COMERICA SECURITIES

CRD#: 17079

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