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DG
CFP · ChFC
DG
CFP · ChFC

David Grubbs

Fortress Private Ledger, LLC
30 Years of Experience
Raleigh, NC
1 DisclosureBroker
View SEC Summary
View SEC Summary

David Grubbs is a CFP, ChFC-designated registered investment advisor at Fortress Private Ledger, LLC, based in Raleigh, NC, with 30 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, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 704 clients with $580M in assets under management.

Fortress Private Ledger, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
20 advisors
Number of Clients
704 clients
Average Client Portfolio
$830K average
Assets Under Management
$584.0M

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Maximum advisory fee is 2.0% and is negotiable between the client and the investment adviser representative.

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

Location

3110 Edwards Mill Rd, Ste 200, Raleigh, NC, 27612

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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
May 1989
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David works as a CPA/bookkeeper/tax preparer, dedicating about 10-20% of his time. He also serves as a FINRA arbitrator, requiring minimal time, and provides commercial pilot services a few days per month.

Employment History
Current Registrations
Fortress Private Ledger, LLC
January 2022 - Present · 4 yrs 9 mos
Fortress Private Ledger, LLCBroker
January 2022 - Present · 4 yrs 9 mos
Previous Registrations
LPL Financial LLC
May 2010 - January 2022 · 11 yrs 8 mos
LPL Financial LLCBroker
May 2010 - January 2022 · 11 yrs 8 mos
Investment Advisors
November 2007 - April 2010 · 2 yrs 5 mos
Proequities, INC.Broker
October 2007 - April 2010 · 2 yrs 6 mos
Linsco/private Ledger CORP.
May 2007 - October 2007 · 5 mos
Linsco/private Ledger CORP.Broker
May 2007 - October 2007 · 5 mos
Lincoln Financial Advisors Corporation
February 2005 - October 2006 · 1 yr 8 mos
Lincoln Financial Advisors CorporationBroker
February 2005 - October 2006 · 1 yr 8 mos
The Lincoln National Life Insurance CompanyBroker
February 2005 - June 2006 · 1 yr 4 mos
AXA Advisors, LLC
December 2001 - April 2003 · 1 yr 4 mos
AXA Advisors, LLCBroker
February 1997 - April 2003 · 6 yrs 2 mos
The Equitable Life Assurance Society of the United StatesBroker
February 1997 - January 2000 · 2 yrs 11 mos
Primus/monetary Investment CompanyBroker
August 1986 - January 1988 · 1 yr 5 mos
Thomson Mckinnon Securities INC.Broker
June 1983 - March 1985 · 1 yr 9 mos
State Registrations1 state
NC
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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