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David Hofer

Banyan Global Investment Advisors, LLC
35 Years of Experience
Boca Raton, FL
Sells Insurance
View SEC Summary
View SEC Summary

David Hofer is a registered investment advisor at Banyan Global Investment Advisors, LLC, based in Boca Raton, FL, with 35 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 132 clients with $160M in assets under management.

Banyan Global Investment Advisors, LLC
Compensation
Fee-Only (% of Portfolio)
Firm Size
2 advisors
Number of Clients
132 clients
Average Client Portfolio
$1.2M average
Assets Under Management
$162.1M

Fee Structure

Minimum Investment:$1M
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.20%

Annual management fees generally range from 0.30% to 1.20% of the net asset value and are negotiable. A separate platform fee ranging from 0.175% to 0.200% applies to separately managed account platform assets.

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

Location

6001 Broken Sound Parkway Nw, Suite 426, Boca Raton, FL, 33487

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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 ActivitiesSells Insurance

David is the chairman of the Steven C. Bardan Charitable Foundation and an agent selling fixed/traditional insurance products. He also is a principal of DRH Advisors Inc, a pass-through entity, but currently has no duties there.

Employment History
Current Registrations
Banyan Global Investment Advisors, LLC
February 2025 - Present · 1 yr 8 mos
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
June 2021 - June 2024 · 3 yrs
Apollon Wealth Management, LLC
February 2021 - January 2025 · 3 yrs 11 mos
Fortune Financial Services, INC.Broker
July 2016 - December 2020 · 4 yrs 5 mos
Blue Chip Wealth Management, INC.
April 2016 - March 2021 · 4 yrs 11 mos
Platinum Wealth Partners, INC.
October 2015 - April 2016 · 6 mos
Mutual Securities, INC.Broker
April 2015 - April 2016 · 1 yr
Ameriprise Financial Services, INC.
January 2015 - March 2015 · 2 mos
Ameriprise Financial Services, INC.Broker
January 2015 - March 2015 · 2 mos
Janney Montgomery Scott LLC
January 2008 - January 2015 · 7 yrs
Janney Montgomery Scott LLCBroker
January 2008 - January 2015 · 7 yrs
Citigroup Global Markets INC.
September 1996 - January 2008 · 11 yrs 4 mos
Citigroup Global Markets INC.Broker
September 1996 - January 2008 · 11 yrs 4 mos
First Miami Securities, INC.Broker
January 1990 - September 1996 · 6 yrs 8 mos
State Registrations1 state
FL
Advisor

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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