David A. Laube, RICP®, AIF®, CLU®, ChFC®, CFS, CLTC
With more than thirty years of financial consulting experience, David helps individuals, families, business owners and professionals solve complicated financial problems with innovative and customized solutions.
Having worked with such a diverse client base, he brings an educated perspective to estate, pension, business continuation, executive compensation strategies, and employee benefit programs.
David is a Financial Advisor and is a Life and Qualifying Member of Million Dollar Round Table (MDRT) as well as founder and first president of the Business Network International in Bloomington. He was also named a 2015 Five Star Chicago Wealth Manager by Five Star Professional. David also taught as an adjunct professor at Illinois State University College of Business and at Millikin University, Department of Speech Communications.
David’s commitment to his community is evident in his involvement in local boards and charities. He served on the board of the College of Business at Illinois State University and was a member of the Governing Board for the Illinois Symphony Orchestra. He is also a past president for Bloomington’s Optimist Club and was President of the Year, State of Illinois (1999-2000). David served as President of the Board for the American Marketing Association (2009-10). He has also served on the annual Heart Walk Committee for the American Heart Association in 2009, 2018 & 2020.
David currently serves as Vice President of the Foundation Board of the Carle Cancer Center of Normal; serves as a board member for the Mclean County American Red Cross and is an Ambassador for the American Cancer Society’s Real Men Wear Pink (RMWP).
David lives in Bloomington, Illinois, and has two daughters, one son-in-law, and three grandsons. In his free time, he enjoys traveling, biking, collecting art, reading non-fiction, cycling, and doing charitable community work.
Education: B.A., English/Speech, University of Northern Iowa, 1973; M.A., Rhetorical Communication, University of Iowa, 1979; graduate, Purdue College of Management; 1991 graduate, Leadership Forum, American College, Bryn Mawr 1992.
Credentials: series 7, 65 and 24 registrations, among others, Chartered Retirement Planning Specialists (CRPS), Retirement Income Certified Professional® (RICP®), Accredited Investment Fiduciary (AIF®), Chartered Life Underwriter® (CLU®), Chartered Financial Consultant® (ChFC®), Certified Funds Specialist (CFS), and Certified in Long-Term Care (CLTC).
Million Dollar Round Table (MDRT) is an independent membership organization of life insurance and financial service professionals. Membership levels are based on commissions, premiums, or fees generated within a year from investment and insurance products. Members must apply annually and pay a fee. Members must be members in good standing of a Professional Association which has met the following criteria: in existence at least 2 years, have 100 or more members, must be a nonprofit organization, must have a code of ethics and an effective means of dealing with breaches of its code. Members must also adhere to the MDRT Code of Ethics. Working with this advisor is not a guarantee of future financial results. Investors should conduct their own evaluation.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their client’s assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. 2622 Minneapolis-St. Paul area wealth managers were considered for the award; 591 (23 percent of candidates) were named 2018 Five Star Wealth Managers. 2017: 2304 considered, 836 winners.
David is a registered representative and investment advisor representative of Securian Financial Services, Inc. Member FINRA/SIPC. Securities and investment advisory services offered through Securian Financial Services, Inc., Member FINRA/SIPC. Financial Design Group is independently owned and operated. 2101 Eastland Drive, Suite A-1, Bloomington IL 61704-7921 T# 3255632 DOFU 09/20