David Daniel is a registered investment advisor at Summit Financial Wealth Advisors, based in Lafayette, LA, with 38 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Divorce Planning, High Net Worth, Investment Management, and 1 more. Their firm serves 1,265 clients with $1.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $1.0M | 1.00% |
| $1M+ | 0.95% |
Rates shown are for equities and mutual funds. Fixed income investments are charged at 0.65% for the first $250,000 and 0.50% for amounts over $250,000. Fees are negotiable.
Fee Estimator
Location
1021 E. St. Mary Blvd., Lafayette, LA, 70503
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Regulatory History
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 Activities
David is a member of DTM Management, operating Summit Financial Brokerage business, and a managing partner of Southern Asset Managers, LLC, the management company of Summit Financial. He also holds membership in David Daniel LLC (passive investment in oil and gas), David R and Karen Daniel Family Foundation, and several family real estate holding companies, dedicating about a quarter of his time to DTM Management and minimal time to the others.
Employment History
Current Registrations
Summit Financial Wealth Advisors
Previous Registrations
Cetera Advisor Networks LLCBroker
Summit Brokerage Services, INC.Broker
Summit Financial Wealth Advisors
Wells Fargo Advisors Financial Network, LLCBroker
Wells Fargo Advisors Financial Network, LLC
Legg Mason Wood Walker, IncorporatedBroker
Shearson Lehman Hutton INC.Broker
E. F. Hutton & Company INCBroker
State Registrations2 states
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
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