DM
David A. Monheit
CETERA INVESTMENT ADVISERS LLC
SCHAUMBURG, IL 60173-2096
Some features on this profile are disabled
CRD#: 4586091
DM
Professional summary
David Adam Monheit is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Schaumburg, Illinois and CETERA WEALTH SERVICES, LLC located in Surprise, Arizona.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2002. David has worked at 8 firms and has passed the Series 66, 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.
1) K.F. 2011 INSURANCE TRUST POSITION: CO- TRUST INV RELATED: HOURS:2 TRDNG HRS: 0 ST: 12/01/11 Surprise AZ DESCR: OWNERSHIP OF LIFE INSURANCE POLICY AND UNITS OF LAVENDAR FIELDS, LP 2) DAM SOUTH BEACH LLC POSITION: MANAGER, MEMBER NATURE: partnership in a restaurant, Sardinia Ristorante, in Miami, FL 1 SEC TRDNG HRS: 05/01/09 ADDR: Sardinia Enoteca Ristorante, Miami Beach FL DESCR: Passive investor 3) MRD INVESTMENTS LLC POSITION: Manager NATURE: Management of assets # OF HRS: 1 TRDNG HRS: 05/15/13 Surprise AZ DESCR: Management of family investment assets 4) JEWISH GENETIC DISEASES CENTER OF GREATER PHOENIX Board Member Raises money to fund genetic testing. # HRS: 2 TRDNG HRS:05/15/17 Scottsdale AZ I sit on the board & advise as applicable & serve as the Treasurer. 5)LANDMARK FINANCIAL MANAGEMENT, LLC; Member; engage licensed financial advisors in the practice of providing financial, securities, brokerage, investment advisory, & insurance services to clients. INV RLTD: 110 HRS; 80 HRS ST DT: 01/01/21 Surprise AZ 85378. 6) LANDMARK PLC, CERTIFIED PUBLIC ACCOUNTANTS PSTN: Partner Working w/clients as their (CPA) specifically advising them on income tax matters INV RLTD Y : 87 SEC TRDNG HRS: 50 ST DT: 01/01/21 ADDR: Surprise AZ Duties & responsibilities include direct client involvement pertaining to their engagement w/the CPA firm. Supervision of team members/employees. 7) MONHEIT FRISCH LLC MEMBER NATURE: RENTAL REAL ESTATE INV RLTD: 5 SEC TRDNG HRS: 11/01/14 ADDR: Surprise AZ 85378, DESCR: OVERALL MANAGEMENT OF PROPERTY & FINANCIAL MANAGEMENT OF PROPERTY 8)LIFE VIATICAL SETTLEMENT; Agent/Advisor; Assisting patients who need accelerated death benefits.; IR; HRS 1; HRS 0; 12/01/20; Surprise AZ 85378; Working w/Core Group & Ashar Group my team a& I will coordinate the collection of client data for submission. We will also review all bids received & help the client determine the best solution. 9) VIRGINIA HASENOEHRL; Financial Power of Attorney; Backup to Virginia if she cannot handle her own financial affairs; NIR; HRS 1; HRS 0; 02/10/22; 12455 West Bell Road, Surprise AZ 85378; Signature on tax returns, Handling bank account communications, Paying personal bills 10) MF INVESTMENTS FLAGSTAFF LLC; Member; Purchasing a residential rental property; NIR; HRS 3; HRS 0; 09/14/2023; 2455 West Bell Road, Surprise AZ 85378; I oversee management of the property via a short-term rental management company 11) MONHEIT FRISCH WEALTH MANAGEMENT; MEMBER; FINANCIAL SERVICES; IR; 80; 02/16/2004; 12455 W Bell Rd Surprise AZ 85378; Ownership and operation of the Wealth Management practice. 12) Congregation Beth Israel Investment Committee; Chairman; Act as a professional volunteer to listen and advise the outside financial advisory firm on decisions; NIR; 0; 01/01/2015; 10460 N 56th St Scottsdale AZ 85253; I organize the quarterly meetings 13) The KF Realty Trust; Co-Trustee; To be the co-trustee to upkeep per terms of the Trust.; NIR; 0; 01/31/2019; 61 Holly Lane Watermill NY 11976; I will manage the compliance matters related to the Realty Trust and will communicate and obtain all details/permissions from the Trust's Grantor. 14) MLM Services LLC; Agent; Consulting to the Monheit Family Office.; NIR; 0; 12/27/2024; 12455 West Bell Road Surprise AZ 85378; Accounting, annual tax reporting, bill paying
CRS (Client Relationship Summary) - RIA
Click below to view David Adam Monheit'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
September 5, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096Office #2: 8776 E Shea Blvd Suite 102, Scottsdale, AZ 85260RIA
CRD#: 105644
SCHAUMBURG, IL
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 12455 W Bell Road, Surprise, AZ 85378BD
CRD#: 13572
SURPRISE, AZ
Past
October 25, 2019 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
Surprise, AZ
Past
October 25, 2019 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
SURPRISE, AZ
Past
February 10, 2004 - October 25, 2019
1ST GLOBAL ADVISORS INC
RIA
CRD#: 111133
SURPRISE, AZ
Past
January 27, 2004 - October 25, 2019
1ST GLOBAL CAPITAL CORP.
BD
CRD#: 30349
SURPRISE, AZ
Past
December 2, 2003 - February 18, 2004
MONY SECURITIES CORPORATION
RIA
CRD#: 4386
SUN CITY WEST, AZ
Past
December 2, 2003 - February 18, 2004
MONY SECURITIES CORPORATION
BD
CRD#: 4386
NEW YORK, NY
Past
December 11, 2002 - December 2, 2003
TRUSTED SECURITIES ADVISORS CORP.
RIA
CRD#: 24049
SUN CITY WEST, AZ
Past
October 16, 2002 - December 2, 2003
TRUSTED SECURITIES ADVISORS CORP.
BD
CRD#: 24049
NEW YORK, NY
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
Arizona(9/5/2025)
IAR
Arizona(9/5/2025)
RR
Arkansas(9/5/2025)
RR
California(9/5/2025)
RR
Colorado(9/5/2025)
RR
Florida(9/5/2025)
RR
Georgia(9/5/2025)
RR
Illinois(9/5/2025)
RR
Iowa(9/5/2025)
RR
Maine(9/5/2025)
RR
Michigan(9/5/2025)
RR
Minnesota(9/5/2025)
RR
Nebraska(9/5/2025)
RR
Nevada(9/5/2025)
RR
New Hampshire(9/5/2025)
RR
New Jersey(9/5/2025)
RR
New Mexico(9/5/2025)
RR
New York(9/5/2025)
RR
North Carolina(9/18/2025)
RR
Ohio(9/5/2025)
RR
Oklahoma(9/5/2025)
RR
Oregon(9/5/2025)
RR
Pennsylvania(9/5/2025)
RR
Tennessee(9/5/2025)
RR
Texas(9/5/2025)
IAR
Texas(9/5/2025)
RR
Virginia(9/5/2025)
RR
Washington(9/5/2025)
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
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
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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.
