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David Alan Krouse Jr.

Advisor at Guardian Life — Edwardsville, IL

Updated today

Credentials

CFP®, Series 63, Series 65

Experience

16 years

Location

Edwardsville, IL

Guardian Life logo

Guardian Life

Enterprise

Total advisors

1,908

Across 510 offices

Clients per advisor

42 Low

Avg AUM per client

$230,599 Low

HNW client ratio

22% Typical

About

David Krouse Jr. is a CFP® professional with 15 years of industry experience, currently affiliated with Primerica Advisors in Edwardsville, IL. His work history includes multiple roles at Guardian Life Insurance Company and Park Avenue Securities dating back to 2015. Outside of his advisory work, he has acted alongside his wife in occasional productions. Primerica Advisors serves a broad retail client base with a range of brokerage and advisory services, including financial planning and retirement consulting. The firm employs a variety of investment strategies through proprietary models and third-party managers, supporting both discretionary and non-discretionary accounts.

Client services

Based on Guardian Life

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops

Expertise

Based on Guardian Life

Retirement income strategy Business exit / sale strategy Wealth management Private / alternative investments

Occupation focus

Based on Guardian Life

Founder/Business Owner Retired Executive

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Fee options

Fixed

Flat fees for financial planning, consulting, business exit consulting generally $500 to $30,000.

Percentage

$0 - $499,999.99: 2.05% (Park Avenue Portfolio Select Program maximum client fee) $500,000 - $999,999.99: 2.00% (Park Avenue Portfolio Select Program maximum client fee) $1,000,000 - $1,999,999.99: 1.95% (Park Avenue Portfolio Select Program maximum client fee) $2,000,000+: 1.90% (Park Avenue Portfolio Select Program maximum client fee)

Commissions

Brokerage commissions on transaction-based accounts; ticket charges $10 per transaction for Park Avenue Portfolio Select.

Project-based

Hourly fees for financial planning and consulting generally $100 to $500 per hour.

Subscriptions

Subscription-Based Financial Planning fees up to $25,000 per agreement annually; Subscription-Based Business Financial Consulting fees up to $30,000 annually or per engagement.

Other

Account minimum: $5,000 (VestWise minimum), $10,000 (most Park Avenue Proprietary Programs minimums, including Park Avenue Portfolio Select [closed to new investors], Park Avenue Signature Portfolio, Foundations, Quantitative Innovations, Park Avenue Strategist Select and Plus, UMA Select) Minimum fee: Annual Platform Fee minimum $90 per household for Park Avenue Proprietary Programs other than VestWise. Fee-only: Advisory and financial planning fees negotiated; financial planning fees range generally $100/hour to $500/hour or flat fees $500 to $25,000; subscription plans up to $25,000 annually.

Location

See office

Edwardsville, IL

Edwardsville IL

Advisors at this office

1

Most active in

Alabama · Arizona · California · Colorado · Connecticut · District of Columbia · Florida · Illinois · Indiana · Michigan · Missouri · New York · Ohio · Oregon · Texas · Utah

Work history

16 years of industry experience

Guardian life Insurance Company

2025 - Present • 1 year

Edwardsville, IL

Park Avenue securities

2025 - Present • 1 year

Edwardsville, IL

Park Avenue securities

2024 - 2025 • 1 year

Irvine, CA

Guardian life Insurance Company

2024 - 2025 • 1 year

Irvine, CA

Park Avenue securities

2022 - 2025 • 3 years

Los Angeles, CA

Guardian life Insurance Company

2022 - 2025 • 3 years

Los Angeles, CA

Park Avenue securities

2019 - 2022 • 3 years

Beverly Hills, CA

Guardian life Insurance Company

2019 - 2022 • 3 years

Beverly Hills, CA

GUARDIAN LIFE INSURANCE CO of AMERICA

2018 - 2019 • 1 year

Santa Monica, CA

Park Avenue Securities, Llc

2018 - 2019 • 1 year

Santa Monica, CA

MML Investor Services

2016 - 2018 • 2 years

Santa Monica, CA

Mass Mutual

2015 - 2018 • 3 years

Santa Monica, CA

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

user avatar

George E

Series 63, Series 65

Hamel, IL

Abundance Advisors, Inc.

George Ellis is a financial advisor at Abundance Advisors, Inc. with 21 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Abundance Advisors since 2005. In addition to his advisory role, Ellis owns and operates GN Ellis Agency, providing life and health insurance products and protection planning for individuals and small businesses since 1984. Abundance Advisors offers asset-allocation investment advisory services to individuals, high-net-worth clients, pension and profit-sharing plans, charitable organizations, and corporations. The firm utilizes a strategic, model-based asset allocation process and provides discretionary portfolio management primarily through no-load mutual funds, variable annuities, and cash sweep vehicles.

Passive / index investing Wealth management
user avatar

Douglas R

Series 63, Series 65

Collinsville, IL

Saint Louis Investment Advisors Inc

Douglas Ramey is the sole advisor at Saint Louis Investment Advisors Inc., an independent, SEC-registered firm based in Collinsville, IL. He holds Series 63 and Series 65 designations and has 20 years of industry experience, including over two decades at his current firm. Saint Louis Investment Advisors manages approximately $61.5 million for a diverse client base including individuals, high-net-worth clients, institutional accounts, and charitable organizations. The firm employs a strategic asset allocation approach using a core-and-satellite portfolio construction with passive index funds and ETFs as the core and selective active managers as satellites, managing portfolios on a discretionary basis with global diversification.

Active portfolio management Passive / index investing Options & derivatives strategies
user avatar

Alfred H

CFP®, Series 63, Series 65

Alton, IL

Financial Planning Advisors, Inc.

Alfred Hicks is a CFP® professional with 27 years of experience in financial advising. He has been the president of Financial Planning Advisors, Inc. since 1994. In addition to his advisory role, Hicks is involved in insurance and fixed annuity sales through a separate business. Financial Planning Advisors, Inc. provides financial planning and investment services to a diverse client base that includes individuals, trusts, charitable organizations, and small businesses. The firm employs targeted asset allocation, discretionary management, and a combination of fundamental and technical analysis to manage portfolios and offers educational seminars and project-based planning services.

Active portfolio management Options & derivatives strategies Business ownership considerations
user avatar

Donald D

CFP®, Series 63, Series 65

Collinsville, IL

Despain Investment Solutions, Ltd.

Donald Despain Sr. is a CFP® professional with 40 years of experience in financial advising. He is the principal of Despain Investment Solutions, Ltd., where he has worked since 1995, and has also held roles at Saxony Securities Inc. since 2020 and Despain Financial Corporation since 1982. Despain Investment Solutions, Ltd. provides financial planning and portfolio management services primarily to individuals, retirement plans, trusts, and business entities, with a focus on comprehensive retirement planning. The firm manages client portfolios on a non-discretionary basis using fundamental and technical analysis and offers written and hourly financial plans tailored to client goals and risk tolerance.

General retirement planning General tax planning
user avatar

Anthony E

Series 63, Series 66

Bethalto, IL

Legacy Wealth Planning

Anthony Erzen is a financial advisor at Legacy Wealth Planning with eight years of industry experience. He holds Series 63 and Series 66 licenses and previously worked at CarsonAllaria Wealth Management, Northwestern Mutual Investment Services, TD Ameritrade, SCOTTRADE, and Illinois American Water. Legacy Wealth Planning is an independent, fee-only investment adviser serving primarily individual and high-net-worth clients. The firm offers customized investment management, financial planning, and limited hourly consulting, employing Modern Portfolio Theory with a preference for passive funds while accommodating active and ESG options.

Business ownership considerations College savings (529s, UTMA, etc.)
user avatar

Grant F

Series 65

Highland, IL

Powers Advisory Group, LLC

Grant Fridley is a Series 65-licensed advisor at Powers Advisory Group, LLC with one year of industry experience. Prior to joining Powers Advisory Group, he spent three years at McKendree University and seven years at Wesclin CUSD3. Powers Advisory Group advises individuals, including high-net-worth clients, as well as corporations and employee benefit plans. The firm employs an ETF-based, asset-allocation investment approach focusing on quality securities and income growth, combining fundamental and technical analysis alongside financial planning and pension consulting.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
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