DN
CFA
DN
CFA

David Richard Nelson

21 Years of Experience
Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningFinancial Planning & CoachingInsurance PlanningHigh Net WorthBusiness Owners
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
36 advisors
Number of Clients
1,751 clients
Average Client Portfolio
$2.2M average
Assets Under Management
$3.9B

Fee Structure

Financial Planning:Included in AUM fee
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $5.0M1.00%
$5.0M - $10.0M0.75%
$10.0M - $25.0M0.65%
$25.0M - $50.0M0.55%
$50.0M - $100.0M0.45%
$100M+0.30%

Fees for existing clients and family office clients may vary. Fees may be negotiable for new advisors joining the firm.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
Minimum Annual Fee:$10,000
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Location

50 Schilling Road, Suite 300, Hunt Valley, MD, 21031

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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 partner in Hunt Valley Partners, an investment partnership, since 2021. He dedicates minimal time to this activity, which is strictly for personal investment purposes.

Employment History
Current Registrations
Verdence Capital Advisors, LLC
December 2017 - Present · 8 yrs 2 mos
Previous Registrations
Pagnatokarp Partners, LLC
August 2016 - November 2017 · 1 yr 3 mos
Hightower Advisors, LLC
October 2012 - March 2016 · 3 yrs 5 mos
Hightower Securities, LLCBroker
October 2012 - March 2016 · 3 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
July 2004 - October 2012 · 8 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2004 - October 2012 · 8 yrs 4 mos
State Registrations1 state
VA
Advisor
Exams
No exam information available for this advisor.