David Grubbs is a CFP, ChFC-designated registered investment advisor at Fortress Private Ledger, LLC, based in Raleigh, NC, with 29 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, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 502 clients with $350M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Fortress Private Ledger (FPL) manages investment portfolios for a fee based on the value of your investments. The exact fee is negotiable between you and your advisor. The maximum fee is 2.0% per year. Fees are typically deducted from your account monthly or quarterly. FPL may also charge a performance-based fee for certain clients.
Location
3110 Edwards Mill Rd, Ste 200, Raleigh, NC, 27612
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Regulatory History (1)
Customer Dispute
May 1989Other 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
Fortress Private Ledger, LLCBroker
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Investment Advisors
Proequities, INC.Broker
Linsco/private Ledger CORP.
Linsco/private Ledger CORP.Broker
Lincoln Financial Advisors Corporation
Lincoln Financial Advisors CorporationBroker
The Lincoln National Life Insurance CompanyBroker
AXA Advisors, LLC
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
Primus/monetary Investment CompanyBroker
Thomson Mckinnon 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.