DF
David B. Frank
CETERA INVESTMENT ADVISERS LLC
MONTGOMERY, TX
Some features on this profile are disabled
CRD#: 2545796
DF
Professional summary
David Benjamin Frank, who also goes by David Benjamin Frank, David Frank, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Montgomery, Texas and CETERA WEALTH SERVICES, LLC located in Houston, Texas.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1994. David has worked at 10 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
David Benjamin Frank | David Frank
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. NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FIXED INSURANCE; START DATE: 09/1990; APX NUMBER OF HOURS PER WEEK: 20; APX NUMBER OF HOURS DURING TRADING HOURS: 20; POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT; BRIEF DESCRIPTION OF DUTIES: SALES OF FIXED INSURANCE PRODUCTS; 2. NAME OF OTHER BUSINESS: DAVID & KATE FRANK - RENTAL PROPERTY; INVESTMENT RELATED: NO; ADDRESS: MONTGOMERY, TX 77316; NATURE OF BUSINESS: RENTAL PROPERTY; START DATE: 09/2021; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: NONE; BRIEF DESCRIPTION OF DUTIES: OWN A RENTAL PROPERTY THAT IS OUR LAKE HOUSE, THAT WE NOW RENT OUT; 3. NAME OF OTHER BUSINESS: INNOVATIVE PREMIER FINANCIAL SERVICES; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: SECURITIES-RELATED DBA; START DATE: 05/2015; POSITION/TITLE/RELATIONSHIP: CEO; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 40; BRIEF DESCRIPTION OF DUTIES: SECURITIES-RELATED DBA, OWNER/PRINCIPAL AND THE BUCK STOPS HERE; 4. NAME OF OTHER BUSINESS: ZARC FINANCIAL; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: CORPORATE ENTITY THAT ALL FINANCES RUN THROUGH FOR TAX PURPOSES; START DATE: 05/2015; POSITION/TITLE/RELATIONSHIP: CEO; APX NUMBER OF HOURS PER WEEK: 30; APX NUMBER OF HOURS DURING TRADING HOURS: 30; BRIEF DESCRIPTION OF DUTIES: MANAGEMENT OF THE FIRM, BUCK STOPS WITH ME; 5. NAME OF OTHER BUSINESS: DAVID B. FRANK, NOTARY PUBLIC; INVESTMENT RELATED: NO; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: NOTARY PUBLIC START DATE: 01/2010; POSITION/TITLE/RELATIONSHIP: NOTARY PUBLIC; APX NUMBER OF HOURS PER WEEK: 1; APX NUMBER OF HOURS DURING TRADING HOURS: 1; BRIEF DESCRIPTION OF DUTIES: NOTARIZE THINGS; 6. NAME OF OTHER BUSINESS: ZARC FINANCIAL, LLC., DBA INNOVATIVE PREMIER FINANCIAL SERVICES, "IPFS"; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: COMPREHENSIVE PLANNING FIRM FOR OUR CLIENTS AND PROSPECTS; START DATE: 05/2015; POSITION/TITLE/RELATIONSHIP: CEO; APX NUMBER OF HOURS PER WEEK: 40; APX NUMBER OF HOURS DURING TRADING HOURS: 40; BRIEF DESCRIPTION OF DUTIES: MANAGEMENT OF ALL OPERATIONS, PRINCIPAL, GA; 7. NAME OF OTHER BUSINESS: HOUSTON LIVESTOCK & RODEO; INVESTMENT RELATED: NO; ADDRESS: NRG STADIUM KIRBY ROAD, HOUSTON, TX 77057; NATURE OF BUSINESS: LIVESTOCK & RODEO; START DATE: 03/2014; POSITION/TITLE/RELATIONSHIP: COMMITTEE CAPTAIN; APX NUMBER OF HOURS PER WEEK: 20; APX NUMBER OF HOURS DURING TRADING HOURS: NONE; BRIEF DESCRIPTION OF DUTIES: MAKE SURE THAT ALL THE TICKET BOOTHS ARE MANNED, PEOPLE WALKING AROUND HELPING CARNIVAL GOERS; 8. NAME OF OTHER BUSINESS: IPFS PLANNING; INVESTMENT RELATED: YES, ADDRESS: SAME AS REGISTERED LOCATION, NATURE OF BUSINESS: FINANCIAL SERVICES, START DATE: 9/2024, POSITION/TITLE/RELATIONSHIP: OWNER/CEO, APX NUMBER OF HOURS PER WEEK: 40, APX NUMBER OF HOURS DURING TRADING HOURS: 32.5, BRIEF DESCRIPTION OF DUTIES: DBA FOR FINANCIAL SERVICES; 9. NAME OF OTHER BUSINESS: MONTGOMERY ISD EDUCATION FOUNDATION BOARD; INVESTMENT RELATED: NO; ADDRESS: 20774 EVA STREET MONTGOMERY, TX 77316; NATURE OF BUSINESS: NON PROFIT; START DATE: 08/2025; POSITION/TITLE/RELATIONSHIP: BOARD MEMBER; APX NUMBER OF HOURS PER WEEK: 3; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: PROMOTE AND SUPPORT PUBLIC EDUCATION, ASSIST WITH FUNDING TO ELEVATE PROGRAMS;
CRS (Client Relationship Summary) - RIA
Click below to view David Benjamin Frank'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
August 20, 2024 - Present
CETERA INVESTMENT ADVISERS LLC
Office #2: 20333 State Highway 249 Second Floor - Suite 248, Houston, TX 77070RIA
CRD#: 105644
MONTGOMERY, TX
Current
August 20, 2024 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 20333 State Highway 249 2nd Floor, Houston, TX 77070BD
CRD#: 13572
HOUSTON, TX
Past
August 17, 2020 - September 18, 2024
NEXT FINANCIAL GROUP, INC.
RIA
CRD#: 46214
HOUSTON, TX
Past
April 13, 2020 - September 18, 2024
NEXT FINANCIAL GROUP, INC.
BD
CRD#: 46214
HOUSTON, TX
Past
January 17, 2017 - May 15, 2018
NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC
BD
CRD#: 2881
HOUSTON, TX
Past
April 16, 2015 - December 31, 2016
EQUITY SERVICES, INC.
BD
CRD#: 265
HOUSTON, TX
Past
May 10, 2010 - January 28, 2015
HORNOR, TOWNSEND & KENT, LLC
BD
CRD#: 4031
HOUSTON, TX
Past
November 21, 2001 - March 3, 2010
D.B. FRANK INVESTMENTS, INC.
BD
CRD#: 115304
BELLAIRE, TX
Past
August 31, 1998 - January 3, 2001
FIMI SECURITIES, INC.
BD
CRD#: 37140
HOUSTON, TX
Past
January 2, 1997 - December 31, 2001
FISERV INVESTOR SERVICES, INC.
BD
CRD#: 34637
HOUSTON, TX
Past
November 22, 1994 - January 2, 1997
TRADESTAR INVESTMENTS,INC.
BD
CRD#: 14565
HOUSTON, TX
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
Alabama(1/2/2025)
RR
Alaska(8/20/2024)
RR
California(8/20/2024)
RR
Colorado(1/2/2025)
RR
Florida(8/20/2024)
RR
Indiana(1/2/2025)
RR
Louisiana(3/13/2025)
RR
Michigan(8/20/2024)
RR
Minnesota(8/20/2024)
RR
New Jersey(8/20/2024)
RR
New York(8/20/2024)
RR
Oklahoma(1/2/2025)
RR
South Carolina(1/2/2025)
RR
Texas(8/20/2024)
IAR
Texas(8/20/2024)
RR
Virginia(8/20/2024)
RR
Wisconsin(1/2/2025)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory 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
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
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.
