David Knutson
David Knutson is a ChFC-designated registered investment advisor at Balanced Investment Advisors, LLC, based in Cedar Rapids,, IA, with 39 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 47 clients with $43M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 2.50% |
| $1.0M - $2.0M | 2.40% |
| $2.0M - $3.0M | 2.25% |
| $3.0M - $4.0M | 1.90% |
| $4.0M - $5.0M | 1.65% |
| $5M+ | 1.35% |
The annual fee may be negotiable. These fees also apply to variable annuity management.
Fee Estimator
Location
Armstrong Center 222 Third Ave Se, Cedar Rapids,, IA, 52401
Get directionsHistory
Regulatory History (3)
Investigation
June 2019Employment Separation After Allegations
June 2019Customer Dispute
December 2001Employment History
Current Registrations
Balanced Investment Advisors, LLC
Previous Registrations
Corecap Advisors
Corecap Investments, INC.Broker
Voya Financial Advisors, INC.
Voya Financial Advisors, INC.Broker
Locust Street Securities, INC.Broker
State Registrations1 state
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.