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Douglas Owen Ackerman

KESTRA ADVISORY SERVICES
Wilmette, IL
·CRD# 2236571·34 years experience

Professional Summary

Douglas Owen Ackerman is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Wilmette, Illinois and KESTRA INVESTMENT SERVICES, LLC located in Wilmette, 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.

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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.

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Years of Experience

34 years in the financial services industry

Current & Past Employments

KESTRA ADVISORY SERVICES, LLC·CRD# 283330
RIA
Wilmette, IL
April 18, 2016 - Present
KESTRA INVESTMENT SERVICES, LLC·CRD# 42046
BD
Wilmette, IL
November 28, 2003 - Present
KESTRA INVESTMENT SERVICES, LLC·CRD# 42046
RIA
Highland Park, IL
December 15, 2003 - September 22, 2016
ERNST & YOUNG INVESTMENT ADVISERS LLP·CRD# 110921
RIA
Chicago, IL
November 27, 2002 - December 4, 2003
VERAVEST INVESTMENTS, INC.·CRD# 3960
BD
Worcester, MA
June 18, 1992 - November 5, 2003

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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 - SEC (12/31/1998 Approved)

Contact Information

Main Address

5707 Southwest Parkway Building 2, Suite 400, Austin, TX 78735

Phone Number

(844) 553-7872

# of Employees

1,359

SEC notice filing (53 States and Territories)

Registered to provide investment advisory services in 53 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

KESTRA ADVISORY SERVICES, LLC BROCHURE (RETAIL CLIENTS) (9/22/2026)

Regulatory Assets Under Management

Total Number of Accounts

192,439

AUM (Assets Under Management)

$79,798,091,767

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
12/01/2025Cover PageReport
12/23/2024Cover PageReport
10/20/2023Cover PageReport

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Other business activities

Information obtained from regulatory filings. Advisors can request corrections through their firm or regulator.

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.

Name: Disability Resource Group Inv Related: No Address:2625 West Peterson Avenue Chicago IL 60659 Nature of Bus: 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: Disability insurance for clients Name: Key Financial Group Investment Related: No Address:1811 High Grove Ln, Suite 275 Naperville IL 60540 Nature of Bus: 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: Pass clients needing health coverage. 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: term insurance for clients . 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: IA 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 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: Use 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: Wealth advisory and inv services. Name: BCU RISK ADVISORS POS: None NATURE :Insurance INV RELATED: Yes # 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. Name: KARCHMAR LIFE INSURANCE AND LEGACY PLANNING INCPOS :None NATURE: Insurance INV RELATED: No # OF HOURS:2 SECURITIES TRADING HOURS:1 START DATE:10/04/2021 ADDRESS:666 Dundee Road, Suite 1901, Northbrook IL 60062, USADESC: Pass through clients for underwriting. Name: WARREN POS: help with design on a goodwill basis. NATURE: Financial planning/investing app geared toward 20-35 year old's. INV RELATED: Yes # OF HOURS:10 SECURITIES TRADING HOURS:0 START DATE:10/01/2021 ADDRESS:771 Sheridan Road, Winnetka IL 60093,USA DESC: App design Ex: financial planning, timeframe and risk tolerance. Name: BASECAMP FINANCIAL GROUP LTD POSITION: Principal NATURE: Registered rep activities through Kestra Investment Services INVESTMENT RELATED: Yes #OF HOURS: 160 SECURITIES TRADING HOURS: 130 START DATE: 01/01/2026 ADDRESS: 2333 Waukegan Road; Ste 275, Bannockburn IL 60015, United States DESCRIPTION: Same duties as Bensman, rebranding Name: STENSLAND FINANCIAL GROUP POSITION: None NATURE: Registered rep activities through Kestra Investment Services INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 03/02/2026 ADDRESS: 340 Beechwood Court, Wheaton IL 60189, United States DESCRIPTION: See above future annuity prospects.

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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 - SEC (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 securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
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
Kentucky
(10/5/2026)
RR
Michigan
(7/13/2020)
RR
Minnesota
(6/3/2004)
RR
Mississippi
(6/4/2026)
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)
IAR
Texas
(4/8/2026)
RR
Vermont
(9/18/2025)
RR
Virginia
(3/4/2024)
RR
Washington
(10/13/2025)
RR
Wisconsin
(11/28/2003)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.Note:This rule does not apply to broker-dealer activity.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 65 — Uniform Investment Adviser Law Examination

Passed Oct 2002About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Jun 1992About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Mar 2007About the Series 7 exam

Series 6 — Investment Company Products/Variable Contracts Representative Examination

Passed Jun 1992About the Series 6 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view Douglas Owen Ackerman's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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