David Pratt is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Edina, MN, with 43 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
7400 Metro Blvd., Suite 223, Edina, MN, 55439
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
David works as an advisory representative for Focus Financial Network, Inc., spending nearly full-time on financial planning and securities placement. He also serves as Chief Operating Officer and Owner of FDI Incorporated, focusing on insurance policies (about a quarter of his time) and retirement plan services (minimal time).
Employment History
Current Registrations
Osaic Wealth, INC.
Focus Financial
Osaic Wealth, INC.Broker
Previous Registrations
Integrated Resources Equity CorporationBroker
B.C. Christopher Securities CO.Broker
Morison Securities, INC.Broker
Nwnl Management CorporationBroker
The Great-West Life Assurance CompanyBroker
State Registrations13 states
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