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David Moret

Wellesley Asset Management, INC.
40 Years of Experience
Sarasota, FL
Broker
View SEC Summary
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David Moret is a registered investment advisor at Wellesley Asset Management, INC., based in Sarasota, FL, with 40 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 High Net Worth, Investment Management. Their firm serves 1,296 clients with $2B in assets under management.

Wellesley Asset Management, INC.
Compensation
Fee-Only (% of Portfolio)
Firm Size
17 advisors
Number of Clients
1,296 clients
Average Client Portfolio
$1.5M average
Assets Under Management
$2.0B

Fee Structure

Minimum Investment:$500K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.00%

Fees for referred client relationships range from 0.45% to 1.00% per annum based on agreements negotiated with the referring advisory firm or wrap sponsor.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Sarasota, FL

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

David is a Director of Institutional Sales at Wellesley Asset Management, dedicating full-time hours to attracting and retaining assets. He is also a registered representative of Foreside Fund Services, LLC, an unaffiliated broker-dealer.

Employment History
Current Registrations
Wellesley Asset Management, INC.
March 2017 - Present · 9 yrs 7 mos
Foreside Fund Services, LLC
February 2017 - Present · 9 yrs 8 mos
Foreside Fund Services, LLCBroker
February 2017 - Present · 9 yrs 8 mos
Previous Registrations
Principal Funds Distributor, INC.Broker
January 2016 - January 2017 · 1 yr
Principal Global Investors
September 2008 - January 2017 · 8 yrs 4 mos
Princor Financial Services CorporationBroker
July 2008 - April 2016 · 7 yrs 9 mos
Davis Distributors, LLCBroker
March 2004 - January 2008 · 3 yrs 10 mos
Calamos Asset Management INC
July 2002 - February 2004 · 1 yr 7 mos
Calamos Financial Services, INC.Broker
July 2001 - February 2004 · 2 yrs 7 mos
Allstate Distributors, L.L.C.Broker
April 2001 - June 2001 · 2 mos
Nuveen InvestmentsBroker
April 2000 - March 2001 · 11 mos
Vista Fund Distributors, INC.Broker
August 1998 - September 1999 · 1 yr 1 mo
Fimco Securities Group, INC.Broker
June 1997 - February 1998 · 8 mos
The Dreyfus Service CorporationBroker
September 1994 - June 1997 · 2 yrs 9 mos
Fn Investment CenterBroker
March 1991 - June 1994 · 3 yrs 3 mos
Dean Witter Reynolds INC.Broker
June 1986 - March 1991 · 4 yrs 9 mos
Painewebber IncorporatedBroker
January 1984 - June 1986 · 2 yrs 5 mos
State Registrations20 states
AKAZCACOFLHIIDKSMTNDNHNMNVOKORSDTXUTWAWY
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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