David Nicholas
David Nicholas is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Scottsboro, AL, with 36 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.
Location
202 S Broad St., Scottsboro, AL, 35768
Get directionsHistory
Regulatory History (3)
Customer Dispute
March 2009Customer Dispute
December 2007Customer Dispute
October 2000Other Business ActivitiesSells Insurance
David owns Nicholas Financial Services LLC, spending about half his time there, and is involved in several real estate ventures including Nicholas Properties LLC, Nicholas Property B&B, and The Loft on Laurel. He also sells fixed insurance and is a trustee for a family trust, dedicating minimal time to each.
Employment History
Current Registrations
Cambridge Investment Research, INC.Broker
Cambridge Investment Research Advisors, INC.
Previous Registrations
Kovack Advisors, INC.
Kovack Securities INC.Broker
Edward Jones
Edward JonesBroker
State Registrations20 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.