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David Beaton

Fifth Third Securities, INC.
38 Years of Experience
Sterling Heights, MI
1 DisclosureBroker
View SEC Summary
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David Beaton is a registered investment advisor at Fifth Third Securities, INC., based in Sterling Heights, MI, with 38 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 High Net Worth, Investment Management, Retirement Planning. Their firm serves 47,014 clients with $11B in assets under management.

Fifth Third Securities, INC.
Compensation
Fee-Only (% of Portfolio)
Firm Size
1009 advisors
Number of Clients
47,014 clients
Average Client Portfolio
$232K average
Assets Under Management
$10.9B

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K1.50%
$250K - $500K1.35%
$500K - $750K1.25%
$750K - $1.0M1.10%
$1.0M - $2.0M1.00%
$2M+0.80%

Fees are negotiable. Maximum fee is 1.50%.

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

Location

1955 18 Mile Road, Sterling Heights, MI, 48314

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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 2003
Denied
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Fifth Third Securities, INC.
May 2023 - Present · 3 yrs 5 mos
Fifth Third Securities, INC.Broker
May 2023 - Present · 3 yrs 5 mos
Previous Registrations
Oppenheimer & CO. INC.
May 2017 - May 2023 · 6 yrs
Oppenheimer & CO. INC.Broker
May 2017 - May 2023 · 6 yrs
Ameriprise Financial Services, INC.
October 2009 - May 2017 · 7 yrs 7 mos
Ameriprise Financial Services, INC.Broker
October 2009 - May 2017 · 7 yrs 7 mos
Ameriprise Advisor Services, INC.
August 2007 - October 2009 · 2 yrs 2 mos
Ameriprise Advisor Services, INC.Broker
July 1991 - October 2009 · 18 yrs 3 mos
Magellan Securities INCBroker
February 1989 - May 1991 · 2 yrs 3 mos
Amfuels Securities CorporationBroker
January 1988 - August 1988 · 7 mos
State Registrations15 states
ALAZCAFLGAILMINCNJNYOHPATXVAWA
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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