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CFP

David Grimaldi

Integrated Wealth Concepts LLC
42 Years of Experience
Glastonbury, CT
1 DisclosureBrokerSells Insurance
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David Grimaldi is a CFP-designated registered investment advisor at Integrated Wealth Concepts LLC, based in Glastonbury, CT, with 42 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, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 29,848 clients with $24B in assets under management.

Integrated Wealth Concepts LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
480 advisors
Number of Clients
29,848 clients
Average Client Portfolio
$790K average
Assets Under Management
$23.6B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Fees range up to 2.25% depending on the size of the relationship and service complexity. Certain wrap fee program tiers feature lower asset-based rates ranging from 0.15% to 0.30%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

95 Glastonbury Boulevard, 3rd Floor, Suite 301, Glastonbury, CT, 06033

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History

Regulatory History (1)
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
January 1992
Award / Judgment
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David sells non-variable insurance products, including disability, long-term care, life, and health insurance, dedicating about a quarter of his time to this activity. He also provides investment advisory services through Integrated Wealth Concepts, spending nearly all of his time on this.

Employment History
Current Registrations
Integrated Wealth Concepts LLC
October 2016 - Present · 10 yrs
LPL Financial LLCBroker
October 2016 - Present · 10 yrs
Previous Registrations
Lincoln Financial Advisors Corporation
January 2004 - October 2016 · 12 yrs 9 mos
Lincoln Financial Advisors CorporationBroker
December 2003 - October 2016 · 12 yrs 10 mos
The Lincoln National Life Insurance CompanyBroker
December 2003 - June 2006 · 2 yrs 6 mos
Veravest Investment Advisors, INC.
July 2002 - December 2003 · 1 yr 5 mos
Veravest Investments, INC.Broker
June 2002 - December 2003 · 1 yr 6 mos
Infinex Investments, INC.Broker
April 2000 - April 2002 · 2 yrs
Chase Investment Services CORP.Broker
March 1998 - April 2000 · 2 yrs 1 mo
Robert Thomas Securities, INCBroker
December 1996 - January 1998 · 1 yr 1 mo
Invest Financial CorporationBroker
April 1995 - January 1997 · 1 yr 9 mos
Cigna Financial Advisors,inc.Broker
October 1991 - April 1995 · 3 yrs 6 mos
Cambridge-Newport Company, INC.Broker
September 1990 - September 1991 · 1 yr
Invest Financial CorporationBroker
December 1986 - November 1990 · 3 yrs 11 mos
Cigna Securities, INC.Broker
September 1983 - December 1986 · 3 yrs 3 mos
State Registrations12 states
CACTFLGAMANHNYOHPARISCVT
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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