David Vickery
David Vickery is a registered investment advisor at Spc, based in Cadillac, MI, with 41 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, Investment Management, Retirement Planning. Their firm serves 30,881 clients with $5.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SPC offers investment management through the SIGMA Managed Account program. Clients pay an annual account management fee based on a percentage of their account assets. The fee includes a program fee and the IAR's compensation. For example, if your account AUM is $1,500,000, the first $500,000 is billed at 2.50%, the next $250,000 at 1.75%, the next $250,000 at 1.50%, and the remaining $500,000 at 1.25%. The maximum annual advisory fee is 2.5%. The program fee is 0.15% on all assets. There is a $30 minimum annual program fee.
SPC also offers direct-at-fund programs where clients pay an annual asset-based investment management fee of 0.5%.
Location
207 S. Mitchell St., Unit D, Cadillac, MI, 49601
Get directionsHistory
Regulatory History (3)
Customer Dispute
August 2016Employment Separation After Allegations
November 1999Employment Separation After Allegations
February 1996Other Business ActivitiesSells Insurance
David sells life, health, and fixed annuities through various insurance companies and is a fiduciary for the Cadillac Financial 401k plan. He also receives rental income for office space and is on the Michigan Catholic Conference Lay Employees Retirement Plan Board of Directors, meeting quarterly.
Employment History
Current Registrations
Spc
Sigma Financial CorporationBroker
Previous Registrations
Lifeusa Securities, INC.Broker
Investors Capital CORP.Broker
Walnut Street Securities, INC.Broker
Centennial Securities CO.Broker
E.I. Sales, INC.Broker
State Registrations8 states
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.