David Donaldson
David Donaldson is a registered investment advisor at Essex Financial Services, INC., based in Essex, CT, with 42 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 2,963 clients with $4.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Essex Financial charges a percentage of your portfolio annually for wealth management services. The exact percentage ranges from 0.50% to 1.50% depending on the complexity of your situation, the amount you invest, and your overall relationship with Essex Financial. Fees are paid quarterly in advance. Additional fees are charged for third-party managed account programs, not to exceed 2.00% in total.
Location
176 Westbrook Road, Essex, CT, 06426
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2015Customer Dispute
June 1991Other Business ActivitiesSells Insurance
David is an insurance agent for Essex Financial Services Inc, selling life insurance and fixed annuities, dedicating minimal time to this activity. He is also the President and authorized signer/control person on the Farmington River Watershed Association's investment accounts, spending a few hours per week on this non-investment related role.
Employment History
Current Registrations
Essex Financial Services, INC.
Previous Registrations
Essex Financial Services, INC.Broker
TD Wealth Management Services INC.
TD Wealth Management Services INC.Broker
Bancnorth Investment Group, INC.Broker
Primevest Financial Services, INC.
Primevest Financial Services, INC.Broker
National Planning CorporationBroker
National Planning Corporation ("npc of America" in Fl & Ny)
Webster Investment Services, INC.Broker
Mechanics Investment Services, INC.Broker
U.S. Clearing CORP.Broker
Banca Imi Securities CORP.Broker
Mabon, Nugent & CO.Broker
Lehman Brothers INC.Broker
E. F. Hutton & Company INCBroker
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.