David Allaire is a registered investment advisor at Mystic Asset Management, based in Warwick, RI, with 37 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 144 clients with $610M 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 $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.85% |
| $3M+ | 0.75% |
Fees are negotiable. Family member accounts living in the same household may be combined to reach breakpoints.
Fee Estimator
Location
1287 Post Road, Warwick, RI, 02888
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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 partner in Route One Properties, LLC, a portfolio manager at Mystic Asset Management, Inc., and a senior partner at The Retirement Planning Company of New England. He also owns rental properties, dedicating minimal time to their management.
Employment History
Current Registrations
Mystic Asset Management
Institutional Securities Corporation
Institutional Securities CorporationBroker
The Retirement Planning Company of New England, INC.
Previous Registrations
Ridgeway & Conger, INC.Broker
Cambridge Investment Research, INC.Broker
Securities Service Network, INC.Broker
Securities America, INC.Broker
Linsco/private Ledger CORP.Broker
First Investors CorporationBroker
State Registrations5 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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