DA
Douglas O. Ackerman
KESTRA ADVISORY SERVICES
BANNOCKBURN, IL 60015
Some features on this profile are disabled
CRD#: 2236571
DA
Professional summary
Douglas Owen Ackerman is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Bannockburn, Illinois and KESTRA INVESTMENT SERVICES, LLC located in Bannockburn, Illinois.
Douglas is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1992. Douglas has worked at 4 firms and has passed the Series 65, Series 63, SIE, Series 7 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.
Business Name:Disability Resource Group Inv Related:No Address:2625 West Peterson Avenue Chicago IL 60659 Nature of Bus:Ins Position,Title or Relationship:Other,I submit my disability business thru this group. Start Date: 4/20/2000 Hours per month: 0%-10% (0 -16 hours) Hours per month during trading hours:0%-10% (0-14 hours) Duties: Secure disability insurance for clients Name: Key Financial Group Investment Related:No Address:1811 High Grove Ln, Suite 275 Naperville IL 60540 Nature of Bus: Insurance Position, Title or Relationship: Other,I use this firm to write individual health insurance. Start Date: 4/20/2000 Hours per month: 0%-10% (0-16 hours) Hours per month during trading hours:0%-10% (0-14 hours) Duties:None; I pass clients needing health coverage.Business Name: Windsor Insurance Inv Related: No Address:21820 Burbank Blvd Ste 100 South Woodland Hills CA 91367 Nature of Bus: Insurance Position, Title or Relationship:Broker. Start Date: 5/1/2015 Hours per month: 0%-10% (0-16 hours) Hours per month during trading hours:0%-10% (0-14 hours) Duties:Shop term insurance for clients using low cost, high rated carriers. Name: AFS Group Ltd. Inv Related: No Address: 2333 Waukegan Road; Suite 240 Bannockburn IL 60015 Nature of Bus: Other Back Office Ops Position, Title or Relationship: VP Start Date:1/27/2005 Hours per month:0%-10% (0-16 hours) Hours per month during trading hours:0%-10% (0-14 hours) Duties:administrative Name:Kestra Advisory Services, LLC Inv Related: Yes Address: 5707 SW Pkwy Bld 2, Ste 400 Austin TX 78735 Nature of Bus: Inv Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: IAR Start Date: 4/4/2016 Hours per month:Up to 100% (0 to 160 hours) Hours per month during trading hours:Up to 100%(0 to 160 hours) Duties:Inv advisory services Name:LaSalle Benefits Inv Related:No Address:40 Skokie Blvd; Suite 240 Northbrook IL 60062 Nature of Bus: Insurance Position, Title or Relationship: Broker rep Start Date:12/1/2017 Hours per month:0%-10% (0-16 hours) Hours per month during trading hours:0%-10% (0-14 hours) Duties: Referring potential health insurance clients.Name:Associated Insurance and Risk Mgmt Advisors Inv Related:No Address:1701 Golf Road Suite 3-700 Rolling Meadows IL 60008 Nature of Bus: Insurance Position, Title or Relationship: broker Start Date: 7/13/2020 Hours per month:0%-10% (0-16 hours)Hours per month during trading hours:0%-10% (0-14 hours) Duties:I will look to place any new home/auto/commercial insurance thru this firm going forward. Name:Bensman Wealth Management Inv Related:Yes Address:2333 Waukegan Road, Suite 275 Bannockburn IL 60015 Nature of Bus:RR Activities through Kestra Investment Services, LLC using a DBA name; Ins Position, Title or Relationship:None Start Date:12/31/2020 Hours per month:100%+ (More than 160 hours) Hours per month during trading hours:91%-100% (127-140 hours) Duties:Serving clients with wealth advisory and inv services. BCU RISK ADVISORS POS:None NATURE:Insurance INV RELATED:Yes NUMBER OF HOURS:1 SECURITIES TRADING HOURS:1 START DATE:10/04/2021 ADDRESS:230 W. Monroe Street,Ste 2525,Chicago IL 60606,USA DESC:They are a Personal Lines broker that can do home and auto ins for an occasional client. KARCHMAR LIFE INSURANCE AND LEGACY PLANNING INC POS:None NATURE:Insurance INV RELATED:No NUMBER OF HOURS:2 SECURITIES TRADING HOURS:1 START DATE:10/04/2021 ADDRESS:666 Dundee Road, Suite 1901, Northbrook IL 60062, USA DESC:I would just be giving them an occasional client of mine that needs life insurance and they would determine the need and do all the underwriting. WARREN POS:help with design on a goodwill basis. NATURE:Financial planning/investing app geared toward 20-35 year olds. INV RELATED:Yes NUMBER OF HOURS:10 SECURITIES TRADING HOURS:0 START DATE:10/01/2021 ADDRESS:771 Sheridan Road,Winnetka IL 60093,USA DESC:I'd help with the design of this app.Ex:financial planning basics, help to define timeframe and risk tolerance.
CRS (Client Relationship Summary) - RIA
Click below to view Douglas Owen Ackerman'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
April 18, 2016 - Present
KESTRA ADVISORY SERVICES, LLC
Office #1: 2333 Waukegan Rd. Suite 275, Bannockburn, IL 60015RIA
CRD#: 283330
BANNOCKBURN, IL
Current
November 28, 2003 - Present
KESTRA INVESTMENT SERVICES, LLC
Office #1: 2333 Waukegan Rd. Suite 275, Bannockburn, IL 60015BD
CRD#: 42046
Bannockburn, IL
Past
December 15, 2003 - September 22, 2016
KESTRA INVESTMENT SERVICES, LLC
RIA
CRD#: 42046
BANNOCKBURN, IL
Past
November 27, 2002 - December 4, 2003
ERNST & YOUNG INVESTMENT ADVISERS LLP
RIA
CRD#: 110921
CHICAGO, IL
Past
June 18, 1992 - November 5, 2003
VERAVEST INVESTMENTS, INC.
BD
CRD#: 3960
WORCESTER, MA
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".
KA
KESTRA ADVISORY SERVICES, LLC
KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC
CRD#: 283330 / SEC#: 801-56126
RIA
Registered Investment Advisory firm - (12/31/1998 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(10/4/2006)
RR
Arkansas(4/8/2013)
RR
California(9/28/2018)
RR
Colorado(11/3/2004)
RR
Florida(4/11/2013)
RR
Georgia(11/3/2004)
RR
Illinois(11/28/2003)
IAR
Illinois(4/18/2016)
RR
Indiana(9/20/2005)
RR
Iowa(9/25/2023)
RR
Michigan(7/13/2020)
RR
Minnesota(6/3/2004)
RR
Missouri(11/28/2003)
RR
North Carolina(1/12/2022)
RR
Ohio(11/28/2003)
RR
South Carolina(1/10/2025)
RR
Tennessee(4/13/2018)
RR
Texas(8/27/2009)
RR
Vermont(9/18/2025)
RR
Virginia(3/4/2024)
RR
Washington(10/13/2025)
RR
Wisconsin(11/28/2003)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
KA
KESTRA ADVISORY SERVICES, LLC
KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC
CRD#: 283330 / SEC#: 801-56126
RIA
Registered Investment Advisory firm - (12/31/1998 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
5707 Southwest Parkway Building 2, Suite 400, Austin, TX 78735
Mailing Address
Phone number
(844) 553-7872
Established
Firm type
Fiscal year end
# of Employees
1,299
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 155,482 |
| AUM (Assets Under Management) | $ 60,174,309,829 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 12/23/2024 | ||
| 10/20/2023 | ||
| 12/21/2022 |
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.
