David Brown
David Brown is a registered investment advisor at Prospera Financial Services, INC., based in Buffalo, NY, 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 Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 19,103 clients with $12B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.15% |
Maximum annual fee across investment management programs is 2.15% of assets under management. Fees are negotiable based on account size, complexity, and services provided.
Fee Estimator
Location
534 Delaware Ave, Ste 104, Buffalo, NY, 14202
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2002Other Business Activities
David is a certified flight instructor, co-owner of WNY Aero, LLC, and a volunteer for the US Coast Guard Auxiliary, dedicating minimal time to each. He also has 100% ownership of Magellan Wealth Advisors, taking about three-quarters of his time.
Employment History
Current Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Previous Registrations
Wells Fargo Advisors Financial Network, LLCBroker
Advest, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
J. W. Gant & Associates, INC.Broker
State Registrations17 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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