David Petoskey
David Petoskey is a registered investment advisor at Wealthcare Advisory Partners LLC, based in Bloomfield Hills, MI, 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 Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 9,142 clients with $6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
WCAP offers investment management services where fees are based on a percentage of the assets they manage. The specific percentage can be up to 1.85% annually, depending on factors like the types of investments, the size of your account, and any special reporting or restrictions. Fees are generally paid quarterly, in advance. WCAP may offer discounted rates to employees, their families, and very high net worth clients. If WCAP uses independent managers, your overall fees will include WCAP's fee plus the manager's fees. WCAP also offers a wrap fee program where transaction costs are included in the overall advisory fee.
Location
Bloomfield Hills, MI
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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 ActivitiesSells Insurance
David is involved in several business activities, including non-variable insurance (minimal time), Wealth Management Services LLC (DBA for LPL business), and Wealthcare Advisory Partners (DBA for LPL business and Registered Investment Advisor). He also serves on a financial committee for a township (minimal time) and is a notary (minimal time).
Employment History
Current Registrations
Wealthcare Advisory Partners LLC
LPL Financial LLC
Wealth Management Services, LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Integrated Wealth Concepts LLC
Wealthcare Advisory Partners LLC
LPL Financial LLC
Pruco Securities CorporationBroker
The Prudential Insurance Company of AmericaBroker
Nml Equity Services, INC.Broker
Robert W. Baird & CO. IncorporatedBroker
State Registrations24 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.