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David Fenning

Morgan Stanley
45 Years of Experience
New York, NY
5 DisclosuresBroker
View SEC Summary
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David Fenning is a registered investment advisor at Morgan Stanley, based in New York, NY, with 45 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, High Net Worth, Investment Management, Retirement Planning. Their firm serves 2,703,720 clients with $2000B in assets under management.

Morgan Stanley
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
23172 advisors
Number of Clients
2,703,720 clients
Average Client Portfolio
$726K average
Assets Under Management
$1961.9B

Fee Structure

Investment management only (planning not offered)

Morgan Stanley Smith Barney LLC charges a fee for its consulting services, which is generally payable quarterly in advance. The maximum fee for the services is $500,000, and fees are negotiable between the client and their private wealth advisor.

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Location

55 East 52nd Street, 28th Floor, New York, NY, 10055

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History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
May 2020
Settled
Customer Dispute
July 2011
Settled
Customer Dispute
September 2009
Settled
Customer Dispute
August 2009
Settled
Customer Dispute
July 1997
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David is the owner of David S Walter LLC, a commercial real estate business, since 2009. He spends minimal time on this activity outside of business hours.

Employment History
Current Registrations
Morgan Stanley
May 2019 - Present · 7 yrs 5 mos
Morgan StanleyBroker
May 2019 - Present · 7 yrs 5 mos
Previous Registrations
UBS Financial Services INC.
December 2008 - June 2019 · 10 yrs 6 mos
UBS Financial Services INC.Broker
September 2004 - June 2019 · 14 yrs 9 mos
Credit Suisse First Boston LLCBroker
January 2003 - October 2004 · 1 yr 9 mos
Donaldson, Lufkin & Jenrette Securities CorporationBroker
February 1995 - January 2003 · 7 yrs 11 mos
Painewebber IncorporatedBroker
January 1995 - April 1995 · 3 mos
Kidder, Peabody & CO. IncorporatedBroker
November 1993 - January 1995 · 1 yr 2 mos
Smith Barney Shearson INC.Broker
July 1993 - December 1993 · 5 mos
Lehman Brothers INC.Broker
July 1992 - July 1993 · 1 yr
Smith Barney, Harris Upham & CO., IncorporatedBroker
May 1989 - August 1992 · 3 yrs 3 mos
Drexel Burnham Lambert IncorporatedBroker
April 1985 - May 1989 · 4 yrs 1 mo
Drexel Burnham Lambert IncorporatedBroker
April 1985 - April 1985 · 0 mos
Bevill, Bresler & Schulman IncorporatedBroker
July 1983 - April 1985 · 1 yr 9 mos
Hanauer, Stern & Company,incorporatedBroker
August 1981 - July 1983 · 1 yr 11 mos
State Registrations53 states
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTVirgin IslandsWAWIWVWY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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