AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Why Advisor Check
DK

Donald J. Kellen

Some features on this profile are disabled
CRD#: 266469
DK

Professional summary


Donald James Kellen was barred by the SEC from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Donald is a previously registered financial professional and started their career in finance in 1968. Prior to being barred, Donald had worked at 8 firms, which includes LAUREL WEALTH ADVISORS INC., TORREY PINES SECURITIES INC., J.P. MORGAN SECURITIES LLC, DREXEL BURNHAM LAMBERT INCORPORATED, DREXEL BURNHAM & CO. INCORPORATED, FAHERTY & FAHERTY INC., BLYTH EASTMAN DILLON & CO. INCORPORATED.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

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.
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

February 1, 2021 - September 23, 2022

LAUREL WEALTH ADVISORS, INC.

RIA
CRD#: 157139
Palos Verdes Estates, CA
Past

May 26, 2011 - December 31, 2020

LAUREL WEALTH ADVISORS, INC.

RIA
CRD#: 157139
SOLANA BEACH, CA
Past

January 10, 2011 - June 13, 2011

TORREY PINES SECURITIES, INC.

RIA
CRD#: 17120
PALOSVERDES ESTATES, CA
Past

January 6, 2011 - June 13, 2011

TORREY PINES SECURITIES, INC.

BD
CRD#: 17120
SAN DIEGO, CA
Past

September 23, 2002 - December 23, 2010

J.P. MORGAN SECURITIES LLC

RIA
CRD#: 79
LOS ANGELES, CA
Past

December 1, 1981 - December 23, 2010

J.P. MORGAN SECURITIES LLC

BD
CRD#: 79
LOS ANGELES, CA
Past

January 6, 1977 - January 15, 1982

DREXEL BURNHAM LAMBERT INCORPORATED

BD
CRD#: 7323
Past

February 6, 1976 - January 6, 1977

DREXEL BURNHAM & CO. INCORPORATED

BD
CRD#: 7013
Past

September 6, 1973 - February 6, 1976

DREXEL BURNHAM & CO. INCORPORATED

BD
CRD#: 116
Past

October 5, 1972 - September 15, 1973

FAHERTY & FAHERTY INC.

BD
CRD#: 4089
Past

July 22, 1968 - April 26, 1973

BLYTH EASTMAN DILLON & CO. INCORPORATED

BD
CRD#: 6361

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: 9/17/2002
Uniform Investment Adviser Law Examination
State Security Law Exam
General Industry/Product Exam
RR
PC
Date: 8/29/1977
AMEX Put and Call Exam
General Industry/Product Exam
RR
Series 000
Date: 7/15/1968
General Securities Principal Examination
General Industry/Product Exam
RR
Series 1
Date: 7/15/1968
Registered Representative Examination

Current Firm


LW
LAUREL WEALTH ADVISORS, INC.
ABUNDANT WEALTH STRATEGIES | WEALTHCHOICE LLC | WEALTH PRESERVATION, LLC | VON BERGE WEALTH MANAGEMENT GROUP | SAGEPATH SOLUTIONS | PEARSON WEALTH MANAGEMENT | PEARSON ADVISORY SERVICES, LLC FURTHER DBA PEARSON WEALTH MANAGEMENT | LHA CAPITAL PARTNERS | LAUREL WEALTH ADVISORS, INC. | LAUREL WEALTH ADVISORS | JMMES ADVISORS | JACKEY/ROBINSON GROUP | FINANCIAL SERVICE TRENDS, INC. | EUDAIMON WEALTH MANAGEMENT | DOUGLAS & NEVA BRADLEY | CORE INVESTMENT MANAGEMENT | CAPITAL STEWARDSHIP GROUP | BUCHANAN WEALTH ADVISORY | BLACKSLATE FINANCIAL

CRD#: 157139 / SEC#: 801-72334

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
990 Highland Drive Suite 205, Solana Beach, CA 92075
Mailing Address
Phone number
(858) 459-1101
Established
Firm type
Fiscal year end
# of Employees
40

Documents


Latest Form ADV

Part 2 Brochures

LAUREL WEALTH WRAP FEE PROGRAM BROCHURE (3/30/2022)

Regulatory assets under management


Total Number of Accounts5,198
AUM (Assets Under Management)$ 2,383,239,170

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


LAUREL WEALTH ADVISORS, INC.

CRD#: 157139

TRUST BUT VERIFY

Monitor Donald Kellen

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors


Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
footer-logo

AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.
© 2025 AdvisorCheck, an AIMR Analytics company.
All rights reserved.
Powered ByAIRM Analytics