David Dana Stone | Financial Professional | Chicago, Illinois | IHT WEALTH MANAGEMENT LLC

Professional summary

David Dana Stone is a registered financial advisor currently at IHT WEALTH MANAGEMENT LLC located in Chicago, Illinois and LPL FINANCIAL LLC located in Oakbrook Terrace, Illinois.

David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1980. David has worked at 10 firms and has passed the Series 65, Series 63, SIE, Series 5, Series 7, Series 9, Series 10 and Series 8 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.

1.05/26/2017 - IHT WEALTH MANAGEMENT/ DBA FOR LPL BUSINESS (ENTITY FOR LPL BUSINESS)/ 100%/ CHICAGO, IL 2. 05/26/2017 - LPL / 100%/ CHICAGO, IL 3) 06/12/2017 -IHT WEALTH MANAGEMENT-investment related- At reported business location(s)-Registered Investment Advisor-start 5/26/2017-Hours per month 72/ Hours during trading 18- Time spent percent 42%-I provide investment advisory services through IHT Wealth Management, an independent investment advisor firm. I started this business activity in 05/26/2017. I expect to spend approximately [ 72 hours per month] on this activity. Please see the Form ADV of the advisory firm for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Dana Stone's CRS (Customer Relationship Summary).

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®

None

Experience

Current

May 26, 2017 - Present

IHT WEALTH MANAGEMENT LLC

Office #1: 123 N. Wacker Dr. Suite 2300, Chicago, IL 60606Office #2: 1 Tower Lane, Suite 1800, Oakbrook Terrace, IL 60181

RIA

CRD#: 171481

Chicago, IL

Current

May 26, 2017 - Present

LPL FINANCIAL LLC

Office #1: 1 Tower Ln Ste 1800, Oakbrook Terrace, IL 60181-4632

RIA

BD

CRD#: 7555

Past

February 16, 1982 - October 30, 1986

LEHMAN BROTHERS INC.

BD

CRD#: 7506

Past

January 19, 1980 - March 2, 1982

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

BD

CRD#: 7691

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".

IW

IHT WEALTH MANAGEMENT LLC

CRD#: 171481 / SEC#: 801-79769

RIA

Registered Investment Advisory firm - (5/28/2014 Approved)

Florida

Registered Investment Advisory firm - (12/6/2016 Terminated)

Illinois

Registered Investment Advisory firm - (2/24/2015 Terminated)

Texas

Registered Investment Advisory firm - (12/6/2016 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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

Florida
(5/26/2017)

RR

Illinois
(5/26/2017)

IAR

Illinois
(5/26/2017)

RR

Indiana
(6/7/2017)

RR

Kansas
(6/6/2017)

RR

Michigan
(8/23/2023)

RR

Minnesota
(6/12/2017)

RR

Missouri
(1/20/2022)

RR

North Carolina
(7/19/2018)

RR

Pennsylvania
(5/26/2017)

RR

Rhode Island
(5/26/2017)

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.

General Securities Sales Supervisor Examination (Options Module & General Module)

SRO Registrations

RR

FINRA

Current Firm

IW

IHT WEALTH MANAGEMENT LLC

CRD#: 171481 / SEC#: 801-79769

RIA

Registered Investment Advisory firm - (5/28/2014 Approved)

Florida

Registered Investment Advisory firm - (12/6/2016 Terminated)

Illinois

Registered Investment Advisory firm - (2/24/2015 Terminated)

Texas

Registered Investment Advisory firm - (12/6/2016 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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Contact information

Main Address

123 N. Wacker Dr. Suite 2300, Chicago, IL 60606

Mailing Address

Phone number

(855) 295-2828

Established

Firm type

Fiscal year end

# of Employees

179

SEC notice filing (36 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

PART 2A OF FORM ADV FIRM BROCHURE (4/1/2025)

Regulatory assets under management

Total Number of Accounts	23,131
AUM (Assets Under Management)	$ 6,376,084,483

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.

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Advisor Monitoring

Firm Stability Insights

David D. Stone

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Dana Stone's CRS (Customer Relationship Summary).

Certified licenses

Experience

LPL FINANCIAL LLC

MORGAN STANLEY

MORGAN STANLEY

MORGAN STANLEY & CO. LLC

MORGAN STANLEY & CO. LLC

MORGAN STANLEY DW INC.

MORGAN STANLEY DW INC.

WILLIAM BLAIR

WILLIAM BLAIR

CITIGROUP GLOBAL MARKETS INC.

LEHMAN BROTHERS KUHN LOEB INCORPORATED

LEHMAN BROTHERS INC.

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

Primary Firm SEC Registration

IHT WEALTH MANAGEMENT LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 11/23/1999

Series 63

Date: 1/31/1980

SIE

Date: 10/1/2018

Series 5

Date: 10/22/1981

Series 7

Date: 1/19/1980

Series 9

Date: 1/2/2023

Series 10

Date: 1/2/2023

Series 8

Date: 1/13/1987

FINRA

Current Firm

IHT WEALTH MANAGEMENT LLC

Contact information

SEC notice filing (36 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

IHT WEALTH MANAGEMENT LLC

TRUST BUT VERIFY

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