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David Charles Hill

CRD# 818407·Registered 1976 - 2025
Previously Registered: Being a previously registered professional could mean that David is no longer operating under the supervision of the SEC or FINRA. That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Professional Summary

David Charles Hill, who also goes by Dave Hill, was a registered financial advisor. David was a previously registered financial professional and started their career in finance 1976 - 2025. David had worked at 26 firms and has passed the Series 65, Series 63, SIE and Series 1 exams.

At a Glance

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Fiduciary Standard

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Fee Structure

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Account Minimum

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Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Dave Hill

Blog Corner

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Videos & Posts

This advisor has not added any videos or posts yet.

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Contact Information

No current employment

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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

50 years in the financial services industry

Current & Past Employments

BROOKSTONE CAPITAL MANAGEMENT LLC·CRD# 141413
RIA
Ft Myers, FL
May 8, 2019 - February 28, 2025
IAMS WEALTH MANAGEMENT, LLC·CRD# 286085
RIA
Port Orange, FL
March 7, 2018 - March 5, 2019
SUMMIT FINANCIAL GROUP INC·CRD# 109485
RIA
Port Orange, FL
January 14, 2014 - December 1, 2017
SUMMIT BROKERAGE SERVICES, INC.·CRD# 34643
BD
Port Orange, FL
January 7, 2014 - December 1, 2017
LANARK FINANCIAL, INC.·CRD# 17870
RIA
Port Orange, FL
July 18, 2011 - January 24, 2014
LANARK FINANCIAL, INC.·CRD# 17870
BD
Port Orange, FL
July 12, 2011 - January 24, 2014
WOODBURY FINANCIAL SERVICES, INC.·CRD# 421
RIA
Daytona Beach, FL
November 9, 2009 - July 12, 2011
WOODBURY FINANCIAL SERVICES, INC.·CRD# 421
BD
Daytona Beach, FL
November 3, 2009 - July 12, 2011
COLONIAL ASSET MANAGEMENT INC·CRD# 108950
RIA
Daytona, FL
June 19, 2007 - October 29, 2009
COLONIAL BROKERAGE, INC.·CRD# 111668
BD
Daytona Beach, FL
June 4, 2007 - October 30, 2009
AMSOUTH INVESTMENT MANAGEMENT COMPANY LLC·CRD# 111757
RIA
Memphis, TN
May 25, 2006 - November 2, 2006
AMSOUTH INVESTMENT SERVICES, INC.·CRD# 15692
BD
Naples, FL
May 23, 2006 - October 31, 2006
MM ASCEND LIFE INVESTOR SERVICES, LLC·CRD# 36451
RIA
Las Vegas, NV
September 9, 2005 - June 5, 2006
MM ASCEND LIFE INVESTOR SERVICES, LLC·CRD# 36451
BD
Cincinnati, OH
August 31, 1998 - June 5, 2006
FISERV INVESTOR SERVICES, INC.·CRD# 34637
BD
Houston, TX
April 22, 1998 - August 12, 1998
FSC SECURITIES CORPORATION·CRD# 7461
BD
Atlanta, GA
March 18, 1998 - April 22, 1998
CRISPIN KOEHLER SECURITIES·CRD# 10596
BD
Tampa, FL
April 30, 1997 - March 18, 1998
UBS FINANCIAL SERVICES INC.·CRD# 8174
BD
Weehawken, NJ
December 17, 1991 - April 25, 1997
SECURITIES AMERICA, INC.·CRD# 10205
BD
Lavista, NE
December 19, 1989 - December 14, 1991
FIRST CALIFORNIA CAPITAL MARKETS GROUP, INC.·CRD# 16116
BD
November 1, 1989 - January 1, 1990
MARINER FINANCIAL SERVICES, INC.·CRD# 8292
BD
Largo, FL
June 30, 1989 - October 30, 1989
PFG SECURITIES, INC.·CRD# 15401
BD
October 7, 1988 - July 10, 1989
PFS INVESTMENTS INC.·CRD# 10111
BD
March 7, 1988 - October 17, 1988
COREBRIDGE CAPITAL SERVICES, INC.·CRD# 13158
BD
November 8, 1983 - February 16, 1988
AETNA LIFE INSURANCE AND ANNUITY COMPANY·CRD# 13256
BD
June 19, 1983 - August 22, 1983
METLIFE INVESTORS DISTRIBUTION COMPANY·CRD# 6695
BD
October 21, 1980 - October 28, 1985
ANCHOR NATIONAL FINANCIAL SERVICES, INC.·CRD# 5774
BD
January 4, 1979 - October 26, 1980
INTEGRATED RESOURCES EQUITY CORPORATION·CRD# 6403
BD
November 30, 1977 - May 10, 1988
WADDELL & REED·CRD# 866
BD
February 20, 1976 - June 12, 1977

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Current Firm

BC
BROOKSTONE CAPITAL MANAGEMENT LLC

BROOKSTONE CAPITAL MANAGEMENT LLC | XL ADVISORS LLC

CRD#: 141413 / SEC#: 801-68010
RIA
Registered Investment Advisory firm - SEC (6/20/2007 Approved)
Arizona
Registered Investment Advisory firm - Arizona (6/25/2007 Terminated)
Arkansas
Registered Investment Advisory firm - Arkansas (7/3/2007 Terminated)
California
Registered Investment Advisory firm - California (6/26/2007 Terminated)
Illinois
Registered Investment Advisory firm - Illinois (6/20/2007 Terminated)
Indiana
Registered Investment Advisory firm - Indiana (6/25/2007 Terminated)
Nevada
Registered Investment Advisory firm - Nevada (7/19/2007 Terminated)
Ohio
Registered Investment Advisory firm - Ohio (6/25/2007 Terminated)
Oklahoma
Registered Investment Advisory firm - Oklahoma (6/20/2007 Terminated)
Pennsylvania
Registered Investment Advisory firm - Pennsylvania (6/27/2007 Terminated)
Tennessee
Registered Investment Advisory firm - Tennessee (7/25/2007 Terminated)
Texas
Registered Investment Advisory firm - Texas (6/25/2007 Terminated)
Virginia
Registered Investment Advisory firm - Virginia (7/6/2007 Terminated)
Washington
Registered Investment Advisory firm - Washington (6/25/2007 Terminated)
Wisconsin
Registered Investment Advisory firm - Wisconsin (6/25/2007 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).

Contact Information

Main Address

1745 S. Naperville Road Suite 200, Wheaton, IL 60189

Phone Number

(630) 653-1400

# of Employees

405

SEC notice filing (51 States and Territories)

Registered to provide investment advisory services in 51 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

BROOKSTONE CAPITAL MANAGEMENT, LLC - FORM ADV PART 2A, APPENDIX 1 - WRAP BROCHURE (3/11/2026)

Regulatory Assets Under Management

Total Number of Accounts

81,900

AUM (Assets Under Management)

$12,750,129,748

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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.

INDEPENDENT INSURANCE AGENT; SINCE 08/20/2014; Ft Myers, FL 33905; Offer current clients and potential new clients products like Cancer Ins., Hospital Confinement Indemnity, Personal Accident Indemnity and perhaps others as a prospecting method and getting added commitment from my clients; 5-10 HOURS SPENT ON ACTIVITY PER MONTH, 1-2 HOURS SPENT ON ACTIVITY PER MONTH DURING TRADING HOURS Also sells life and annuities through Hill Financial Services Seminar Presenter for College Planning

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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".
BC
BROOKSTONE CAPITAL MANAGEMENT LLC

BROOKSTONE CAPITAL MANAGEMENT LLC | XL ADVISORS LLC

CRD#: 141413 / SEC#: 801-68010
RIA
Registered Investment Advisory firm - SEC (6/20/2007 Approved)
Arizona
Registered Investment Advisory firm - Arizona (6/25/2007 Terminated)
Arkansas
Registered Investment Advisory firm - Arkansas (7/3/2007 Terminated)
California
Registered Investment Advisory firm - California (6/26/2007 Terminated)
Illinois
Registered Investment Advisory firm - Illinois (6/20/2007 Terminated)
Indiana
Registered Investment Advisory firm - Indiana (6/25/2007 Terminated)
Nevada
Registered Investment Advisory firm - Nevada (7/19/2007 Terminated)
Ohio
Registered Investment Advisory firm - Ohio (6/25/2007 Terminated)
Oklahoma
Registered Investment Advisory firm - Oklahoma (6/20/2007 Terminated)
Pennsylvania
Registered Investment Advisory firm - Pennsylvania (6/27/2007 Terminated)
Tennessee
Registered Investment Advisory firm - Tennessee (7/25/2007 Terminated)
Texas
Registered Investment Advisory firm - Texas (6/25/2007 Terminated)
Virginia
Registered Investment Advisory firm - Virginia (7/6/2007 Terminated)
Washington
Registered Investment Advisory firm - Washington (6/25/2007 Terminated)
Wisconsin
Registered Investment Advisory firm - Wisconsin (6/25/2007 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.
This advisor is not registered in any state.

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.

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 Dec 1995About the Series 65 exam

Series 63 — Uniform Securities Agent State Law Examination

Passed May 1985About the Series 63 exam

SIE — Securities Industry Essentials Examination

Passed Dec 2017About the SIE exam

Series 1 — Registered Representative Examination

Passed Feb 1976

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CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

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