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David Benjamin Frank

CETERA INVESTMENT ADVISERS
MONTGOMERY, TX
·CRD# 2545796·32 years experience

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 Magnolia, 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...

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

David Benjamin Frank, David Frank

Blog Corner

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Videos & Posts

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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

32 years in the financial services industry

Current & Past Employments

CETERA INVESTMENT ADVISERS LLC·CRD# 105644
RIA
1. Montgomery, TX2. 26422 Hardin Store Rd, Magnolia, TX 773543. 26422 Hardin Store Road, Magnolia, TX 77354
August 20, 2024 - Present
CETERA WEALTH SERVICES, LLC·CRD# 13572
BD
26422 Hardin Store Road, Magnolia, TX 77354
August 20, 2024 - Present
NEXT FINANCIAL GROUP, INC.·CRD# 46214
RIA
Houston, TX
August 17, 2020 - September 18, 2024
NEXT FINANCIAL GROUP, INC.·CRD# 46214
BD
Houston, TX
April 13, 2020 - September 18, 2024
NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC·CRD# 2881
BD
Houston, TX
January 17, 2017 - May 15, 2018
EQUITY SERVICES, INC.·CRD# 265
BD
Houston, TX
April 16, 2015 - December 31, 2016
HORNOR, TOWNSEND & KENT, LLC·CRD# 4031
BD
Houston, TX
May 10, 2010 - January 28, 2015
D.B. FRANK INVESTMENTS, INC.·CRD# 115304
BD
Bellaire, TX
November 21, 2001 - March 3, 2010
FIMI SECURITIES, INC.·CRD# 37140
BD
Houston, TX
August 31, 1998 - January 3, 2001
FISERV INVESTOR SERVICES, INC.·CRD# 34637
BD
Houston, TX
January 2, 1997 - December 31, 2001
TRADESTAR INVESTMENTS,INC.·CRD# 14565
BD
Houston, TX
November 22, 1994 - January 2, 1997

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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 - SEC (1/13/1984 Approved)

Contact Information

Main Address

1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096

Phone Number

(310) 257-7880

# of Employees

10,251

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

Regulatory Assets Under Management

Total Number of Accounts

813,961

AUM (Assets Under Management)

$256,813,748,739

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
09/25/2026Cover PageReport
10/27/2025Cover PageReport
12/13/2024Cover PageReport
09/26/2023Cover 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.

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 DBA LUGO; INVESTMENT RELATED: YES, ADDRESS: SAME AS REGISTERED LOCATION, NATURE OF BUSINESS: FINANCIAL SERVICES, START DATE: 5/2026, POSITION/TITLE/RELATIONSHIP: OWNER, 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;

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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".
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 - SEC (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 securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
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)

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 Aug 2020About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed Dec 1994About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed May 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Nov 1994About the Series 7 exam

Series 24 — General Securities Principal Examination

Passed Aug 1998About the Series 24 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view David Benjamin Frank's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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