David
Arakelyan

About this Advisor

David Arakelyan is a certified financial planner who works in Los Angeles, California, with 13 years of financial industry experience. Arakelyan works at Cetera Advisor Networks LLC. Throughout their career, they have worked at Lofaro Financial Group, Financial Network and Cetera Advisor Networks LLC. Arakelyan has a Series 66 license, which qualifies them as both a securities agent and an investment advisor representative, and can work in California and Texas. Cetera Advisor Networks LLC is a registered investment company headquartered in Los Angeles, California. It has offices in 850 locations and a total of 1,890 people on staff. It handles $21 billion in assets under management between its 75,665 accounts, placing it among the largest financial advisory firms in the United States by assets under management. The firm advises 298 charities and foundations. Of its 75,665 customer accounts, 25% belong to high-net-worth investors who have at least $1 million in investable assets. Cetera Advisor Networks LLC provides a number of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers and educational seminars. Financial management fee schedules usually vary depending on which services are offered. However, fee types billed by Cetera Advisor Networks LLC most likely consist of any blend of asset-based, hourly, fixed and commission-based fees.