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David Wealth Management Review

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David Wealth Management, registered in 2012, is a Registered Investment Advisor (RIA) in 3 state(s) with a licensed staff of 2 advisors. David Wealth Management manages $91.5 million and provides investment advisory services for 65 clients (1:33 advisor/client ratio).



Disciplinary Questions


After checking the disciplinary records of David Wealth Management, our system found no disciplinary questions to ask. Checks take place monthly.


Conflict Questions


After checking the regulatory records of David Wealth Management, our system has identified the following question(s) to ask. Learn more.

announcement Which securities do you trade for yourself that you will also be recommending to me?

Why ask? This firm has marked in their disclosures that they trade recommended securities. While this often can be seen as "eating your own cooking," there are several inherent conflicts that can arise. For example, front running is when a financial professional buys or sell securities ahead of their client. In short, any financial professional should disclose all positions they hold (or have sold short) that they will also be recommending to you.

Our system found no other conflict questions to ask. Checks take place monthly.



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Firm Information


As a financial advisory firm, also known as a Registered Investment Advisor (RIA), David Wealth Management can provide a variety of financial planning services for Americans. The goal of a financial advisor is to review your personal finances and work with you to achieve your life goals, e.g., saving for retirement, by creating a comprehensive financial plan. Financial advisors focus primarily on money management, including investments like stocks, ETFs, and mutual funds.

Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance.

Summary Firm
Overall Rating
Minimum Investment $250,000
Average Client Balance $1,408,141
Total AUM $91.5 million
Fee Range AUM fees range from 0.5%- 1.25% depending on your account balance. Please contact the firm for more details.
Advisor / Client Ratio 1:33
Languages Offered English
Specialities Retirement Planning, Business Owners, Family Planning, Retirees
Website Visit Site
Phone Number 703-560-8300
Headquarters Fairfax, VA
Locations See locations
Facebook Visit Profile
Twitter davidwealthmgmt
LinkedIn Visit Profile
SEC Filings View SEC IAPD CRD #164232

Investment Philosophy


We focus on what we can control, which is to leverage the extensive body of academic research on the behavior of stocks and bonds. We believe that, in liquid markets, prices reflect all available information -- and we focus strategies on the dimensions of higher expected returns and seek to add value through portfolio design and implementation.




Disciplinary History


An important aspect of the Trust Algorithm is processing the SEC Form ADV Part 1 filing of each Registered Investment Advisor (RIA). “Item 11 Disclosure Information” contains a list of valuable disclosures that are relevant for Americans.

As identified in SEC Form ADV Part 1, Item 11 “Disclosure Information”, the Trust Algorithm identified the following disciplinary disclosures for David Wealth Management:




Cost


Unfortunately, there is no single, uniform pricing standard for working with a financial advisor. Catchphrases, including "fee-only," can be helpful; however, Americans often get confused with competitors promoting "fee-based" in response.

Ultimately, to understand the underlying costs of advisory services, we always recommend asking for an itemized fees breakdown and reading the firm's ADV Part 2 Brochure (Item 5, "Fees and Compensation").


View Fee Disclosures




FAQs





Other Firms


Avondale Wealth Management, Southern Trust Financial Planning, Genesis Advisors, Peterson Financial Group




This automated report was generated using SEC and FINRA data and was last updated on September 1st, 2020*. For data support, email "support@investor.com". Views: 274 (trailing six months). Firms that receive a 4.5 or 5-star rating are considered Trusted by investor.com. Learn more.


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