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David B Margulies

Investment Adviser Representative at XML FINANCIAL GROUP

St. Petersburg, FLCRD #1629190Dual-registered
Disclosure(s) on record — see official records below
Sourced from SEC IAPD & FINRA BrokerCheck
Years of Experience
39 yrs
States Registered
20 states
Exams Passed
5

Registrations & licenses

Registration type
Dual-registered
Registered in 20 states
CaliforniaColoradoDelawareDistrict of ColumbiaFloridaGeorgiaIllinoisIndianaMarylandMinnesotaNew YorkNorth CarolinaOregonPennsylvaniaSouth CarolinaTennesseeTexasVirginiaWashingtonWest Virginia
Examinations passed
Series 65
Uniform Investment Adviser Law Examination
Passed 12/17/1993
Series 63
Uniform Securities Agent State Law Examination
Passed 4/13/1987
SIE
Securities Industry Essentials Examination
Passed 10/1/2018
Series 31
Futures Managed Funds Examination
Passed 3/12/2003
Series 7
General Securities Representative Examination
Passed 3/21/1987

Approximate fees

Estimated from the firm's Form ADV — individual terms may differ. Not a quote.

Primary fee model
Assets Under Management (AUM)
Asset tierAnnual rate
First $3,000,0001.00%
Next $1,000,0000.90%
Next $1,000,0000.80%
Next $1,000,0000.70%
Next $1,000,0000.60%
Next $1,000,0000.50%
Next $1,000,0000.40%
Next $1,000,0000.30%
Next $1,000,0000.20%
Next $1,000,0000.20%
Next $1,000,0000.20%
Next $1,000,0000.20%
Next $1,000,0000.20%
Next $5,000,0000.20%
Above $20,000,0000.10%
Source

XML FINANCIAL GROUP Form ADV Part 2A (Item 5), most recent annual amendment.

Employment history

Registration history as reported to FINRA, most recent first.

XML SECURITIESCurrent
11/2/2017Bethesda, MD
MORGAN STANLEY DW INC.
9/7/19994/2/2007WASHINGTON, DC
CITIGROUP GLOBAL MARKETS INC.
8/22/20086/1/2009WASHINGTON, DC
MORGAN STANLEY
6/1/200911/3/2017WASHINGTON, DC
MORGAN STANLEY & CO. INCORPORATED
4/2/20078/26/2008WASHINGTON, DC
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
3/27/198711/2/1999NEW YORK, NY

Official records & sources

Data as of May 30, 2026 · Source: SEC IAPD & FINRA BrokerCheck

About this profile

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. David B Margulies has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on BrokerCheck or SEC.gov before making any decision. AdvisorFinder may be compensated for referrals generated through this page.