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David James

Lone Peak Advisers
42 Years of Experience
Draper, UT
3 DisclosuresBrokerSells Insurance
View SEC Summary
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David James is a registered investment advisor at Lone Peak Advisers, based in Draper, UT, with 42 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 Education Planning, High Net Worth, Investment Management, Retirement Planning. Their firm serves 905 clients with $130M in assets under management.

Lone Peak Advisers
Compensation
Fee-Only (% of Portfolio)
Firm Size
8 advisors
Number of Clients
905 clients
Average Client Portfolio
$139K average
Assets Under Management
$125.4M

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.90%

The total asset management fee will not exceed 2.9% annually. Fees are negotiable based on account size and complexity. Friends, family, and firm representatives may receive fee discounts.

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

Location

11650 South State Street, Suite 200, Draper, UT, 84020-7150

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History

Regulatory History (3)
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.
Employment Separation After Allegations
October 2003
Employment Separation After Allegations
November 2001
Employment Separation After Allegations
June 1996
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is a mortgage loan originator, a member/manager of David WM. James LLC (for tax purposes and ownership of other LLCs), registered agent for Traditional Broker Insurance Agency, an insurance agent, and manager/COO of Lone Peak Advisers, LLC. He dedicates minimal time to mortgage origination and the insurance agency, and about full-time to Lone Peak Advisers.

Employment History
Current Registrations
Lone Peak Advisers
April 2023 - Present · 3 yrs 6 mos
Transitional Broker LLCBroker
May 2020 - Present · 6 yrs 5 mos
Previous Registrations
Lone Peak Advisers
September 2018 - December 2022 · 4 yrs 3 mos
Lone Peak Capital Management, LLC
January 2017 - March 2021 · 4 yrs 2 mos
H. Beck, INC.Broker
March 2008 - June 2018 · 10 yrs 3 mos
Legacy Planning Group
February 2008 - December 2018 · 10 yrs 10 mos
Gunnallen Financial, INCBroker
October 2007 - April 2008 · 6 mos
Investment Management Corporation
October 2003 - December 2007 · 4 yrs 2 mos
Investment Management CorporationBroker
October 2003 - December 2007 · 4 yrs 2 mos
Eagle Gate Securities,inc.
May 2003 - November 2003 · 6 mos
Eagle Gate Securities, INC.Broker
December 2001 - November 2003 · 1 yr 11 mos
UBS Painewebber INC.Broker
July 1996 - December 2001 · 5 yrs 5 mos
Piper Jaffray INC.Broker
October 1986 - June 1996 · 9 yrs 8 mos
Dean Witter Reynolds INC.Broker
February 1984 - October 1986 · 2 yrs 8 mos
State Registrations24 states
ALAZCACOFLIAIDINMNMONCNDNJNYOHORPATNTXUTVAWAWIWV
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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