David Alan Ray

Employer firm

LPl Financial LLC CRD 6413

$819B regulatory AUM 209,600 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Educational seminars
• CONSULTING AND OTHER NON-DISCRETIONARY ADVISORY SERVICES

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 10/2004 → 06/2019
  Foresters Financial Services
  Lombard, IL
• 04/2016 → 06/2019
  Foresters Advisory Services
  Lombard, IL
• 06/2019 → 11/2025
  Cetera Investment Services Llc
  St Cloud, MN
• 06/2019 → 11/2025
  Cetera Investment Advisers Llc
  Lombard, IL
• 12/2025 → Present
  Lpl Financial Llc
  St. John, IN

Previous Registrations

• 2019-06-19 → 2025-11-26
  Cetera Investment Advisers Llc
  Lombard, IL
  Saint John, IN
• 2016-04-12 → 2019-06-24
  Foresters Advisory Services, Llc
  Lombard, IL

Other Businesses

1. 11/2025 - Oak Partners Principal Management Group - DBA for LPL Business (entity for LPL business) - Inv Related - 100 Hour(s)/Month - 05 Hour(s) During Trading - At Reported business location(s) - OBA Start Date: 12/02/2025

Exams

• S65 Uniform Investment Adviser Law Examination
  2016-04-04
• S63 Uniform Securities Agent State Law Examination
  2005-02-23