David
Schlitt

Merit Financial Advisors

CRD#1948749
Investment Advisor
in Maitland, FL

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About this Advisor

David Schlitt is a chartered financial consultant based in Maitland, Florida with a total of 9 years of industry experience. Schlitt is an advisor for Merit Financial Advisors. During their career, the advisor has held roles at Florida State Univ, Northwestern Mutual Investment Services, LLC, Northwestern Mutual Wealth Management Company, Northwestern Mutual Life Insurance Company, Lpl Financial LLC and Merit Financial Advisors, LLC. Schlitt has Series 63 and Series 66 licenses, qualifying them as a securities representative, and is approved to work in Florida and Texas. Merit Financial Advisors is a financial advisory company operating out of Alpharetta, GA. It has offices in 40 locations and a total of 217 people on staff. It has $6 billion in assets among its 19,368 accounts, making it one of the largest investment advisory firms in the nation by assets under management. The firm advises 18 charitable organizations. Of its 19,368 client accounts, 22% are held by high-net-worth investors who have more than $1 million in assets. Merit Financial Advisors has a broad array of services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters and educational seminars. Financial advisory fee schedules typically vary depending on the type of financial services provided. Fee types charged by Merit Financial Advisors most likely consist of asset-based, hourly, fixed and other fees.

Certifications and Registrations

Series 63, Series 66, Chartered Financial Consultant

Years Registered*

9 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Pension consulting services, Selection of other advisers, Publication of periodicals or newsletters, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Others

Office Location

1060 Maitland Center Commons Ste 365
Maitland, FL 32751

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Merit Financial Advisors Brokerage Details

Total Assets Under Management

$5,522,570,668

FL Average: $3,570,121,308
Total Number of Employees

217

FL Average: 58
Total Number of Accounts

19,368

FL Average: 1,608
Average Account Size

$285,139

FL Average: $2,220,225

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Pension consulting services
  • Selection of other advisers
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

David Schlitt Work History

David has been registered as a financial advisor for 9 years.*

2014 - Present (10 years)

Lpl Financial LLC

2014 - Present (10 years)

Merit Financial Advisors, LLC

1986 - Present (38 years)

Florida State Univ

2011 - 2014 (3 years)

Northwestern Mutual Investment Services, LLC

2011 - 2014 (3 years)

Northwestern Mutual Wealth Management Company

1990 - 2014 (24 years)

Northwestern Mutual Life Insurance Company

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of David Schlitt to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Merit Financial Advisors

Billy Grissom
Alpharetta, GA
Gregory Gerhard
Alpharetta, GA
Laura Sithens
Alpharetta, GA
William Focia
Birmingham, AL
Elizabeth Parris
Alpharetta, GA
Caleb Tucker
Alpharetta, GA
Melissa Griffith
Birmingham, AL
Peter Abbate
Alpharetta, GA

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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