DB
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David Brumme

40 Years of Experience
Springfield, IL
1 DisclosureBroker

David Brumme is a registered investment advisor at Benjamin F. Edwards & Company, Incorporated, based in Springfield, IL, 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 Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 33,057 clients with $19B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
518 advisors
Number of Clients
33,057 clients
Average Client Portfolio
$572K average
Assets Under Management
$18.9B

Fee Structure

Minimum Investment:$5K
Investment management only (planning not offered)
Minimum Annual Fee:$125
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Maximum total wrap fee is 2.50% annually, combining advisor and manager fees. Specific strategy rates vary, and fees are fully negotiable.

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

3038 Spring Mill Drive, Springfield, IL, 62704

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History

Regulatory History (1)
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.
Customer Dispute
April 2005
Closed-No Action
Employment History
Current Registrations
Benjamin F. Edwards & Company, Incorporated
May 2010 - Present · 16 yrs 5 mos
Benjamin F. Edwards & Company, INC.Broker
February 2010 - Present · 16 yrs 8 mos
Previous Registrations
Bfe Asset Management, LLC
March 2010 - May 2010 · 2 mos
Wells Fargo Advisors, LLCBroker
January 2008 - February 2010 · 2 yrs 1 mo
Wells Fargo Advisors, LLC
January 2008 - February 2010 · 2 yrs 1 mo
A. G. Edwards & Sons, INC.
March 2001 - January 2008 · 6 yrs 10 mos
A. G. Edwards & Sons, INC.Broker
August 1988 - January 2008 · 19 yrs 5 mos
Shearson Lehman Hutton INC.Broker
April 1988 - August 1988 · 4 mos
E. F. Hutton & Company INCBroker
October 1985 - April 1988 · 2 yrs 6 mos
State Registrations24 states
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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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