David Scott has spent his entire professional career in the world of finance. After graduating with a Bachelor’s degree in Accounting from the University of Alaska in 1988, Dave became a professional accountant and worked in both public and private accounting. In 2005 he became a financial advisor with Edward Jones Investments. In 2008 Dave became an independent financial advisor and started his own firm - Scott Financial Services, LLC. - which utilized the custodial services of LPL Financial. In 2009 Dave’s firm acquired Jim Schmidt Financial Services, Inc., another firm operating using the services of LPL Financial, and rebranded using the LPL Financial name. Jim Schmidt had a career as a financial advisor with Edward Jones and LPL Financial in Sault Ste. Marie Michigan spanning over 30 years and retired in 2010.
Unlike many other brokerage firms, LPL Financial does not develop its own investment products, which enables advisors with LPL Financial to devote their time and energy not to product quotas and sales goals, but to understanding your individual financial objectives.
It is our Mission to provide excellence in customer service by adding value and working to improve the quality of life for all our clients.
We will work to achieve our Mission by providing comprehensive advice and strategies in Estate Planning, Investing Strategies, and Income Plans. We strive to be the number one sought-out Financial Advisors in Sault Ste. Marie, Michigan, and beyond. We will adhere to the highest ethical standards and constantly strive to increase our knowledge of the industry through additional certifications and training. We will listen to our clients and work to address their individual investment objectives on an individual level.
We manage investments based on research from both LPL Financial’s independent research team and other well-known professional money managers such as Black Rock, Morningstar, and Cougar Global Investments LP. My local LPL Financial office in Sault Ste. Marie is supported by over 3,400 LPL Financial employees with technology and compliance services, practice management programs, training, and independent research to further enable me and my team in delivering some of the best service possible.
As the nation’s largest independent broker-dealer*, a top Registered Investment Advisor custodian, and a leading independent consultant to retirement plans, LPL Financial is an enabling partner to more than 14,000 financial advisors and approximately 680 financial institutions. LPL Financial was formed in 1989 through the merger of two brokerage firms – Linsco (established in 1968) and Private Ledger (established in 1973), and has headquarters in Boston, Charlotte, and San Diego. LPL has over $475.6 billion advisory & brokerage assets and over 4.6 million funded accounts (client accounts). For more information, visit lpl.com.
* As reported by Financial Planning magazine, June 1996-2018, based on total revenue.
“The highest compliment we can receive is an introduction to friends and family.”
In the course of a lifetime, there are several critical “lifetime changes.” These include marriage, divorce, property sale and/or acquisition, new child, new grandchild, new home, retirement, and even death.
If you meet anyone who is new to the area, recently retired or about to retire, changing jobs, or dissatisfied with their current advisor, I welcome your referrals. It’s not a bad idea for someone going through such transitions to get a second opinion on any critical financial desicions