TrueAdvisor
TrueAdvisor
DS
CFP · ChFC
DS
CFP · ChFC

David Schwandt

Advisornet Wealth Partners
41 Years of Experience
Golden Valley, MN
Sells Insurance
View SEC Summary
View SEC Summary

David Schwandt is a CFP, ChFC-designated registered investment advisor at Advisornet Wealth Partners, based in Golden Valley, MN, 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 Investment Management. Their firm serves 3,514 clients with $3.1B in assets under management.

Advisornet Wealth Partners
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
57 advisors
Number of Clients
3,514 clients
Average Client Portfolio
$896K average
Assets Under Management
$3.1B

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any0.20%

Fees are non-negotiable and based on a fixed percentage of assets under management.

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

Location

Golden Valley, MN

Get directions

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.

Learn about disclosures →
Other Business ActivitiesSells Insurance

David is the owner/manager of Planviser Financial, sells fixed insurance products, and is an advisory representative for AdvisorNet Wealth Management. He also refers clients to Choice Financial for online banking and serves as a board member for Trueblood Performing Arts Center, dedicating minimal time to each.

Employment History
Current Registrations
Advisornet Wealth Partners
January 2014 - Present · 12 yrs 9 mos
Previous Registrations
Cetera Advisor Networks LLC
March 2009 - January 2022 · 12 yrs 10 mos
Financial Network Investment Corporation
January 2008 - December 2008 · 11 mos
Cetera Advisor Networks LLCBroker
May 2007 - January 2022 · 14 yrs 8 mos
New England SecuritiesBroker
May 1994 - May 2007 · 13 yrs
Capital Management Securities, INC.Broker
July 1990 - May 1994 · 3 yrs 10 mos
Aegis Investments, INC.Broker
January 1989 - July 1990 · 1 yr 6 mos
B.C. Christopher Securities CO.Broker
December 1988 - January 1989 · 1 mo
Morison Securities, INC.Broker
May 1985 - December 1988 · 3 yrs 7 mos
State Registrations2 states
MNTX
Advisor

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.
More Advisors
More financial advisors in Golden Valley, MN →All financial advisors in Minnesota →