David Chepauskas
David Chepauskas is a CFP-designated registered investment advisor at Summit Financial, LLC, based in Red Bank, NJ, with 36 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 9,865 clients with $15B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Summit Financial offers various investment management programs. Financial advisors set their own advisory fees, but the maximum advisory fee for all programs is 1.50%. Clients in certain programs may also pay a program fee. Clients invested in the Tax-Deferred Strategies Portfolios are charged a monthly platform fee of $20/month by Nationwide, plus a "Low Cost Fund Platform Fee" up to 0.35% annually. Fees are negotiable.
Location
1 Harding Road, Suite 100, Red Bank, NJ, 07710
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Regulatory History (2)
Customer Dispute
June 2022Customer Dispute
October 2004Other Business ActivitiesSells Insurance
David is an investment advisor at Summit Financial, LLC since 1990, dedicating full-time hours to this role. He also offers insurance as a broker or agent and is a managing member of DRC NJ, LLC, an advisory business, dedicating full-time hours to this as well.
Employment History
Current Registrations
Summit Financial, LLC
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Summit Family Wealth Counseling INC
Summit Financial Resources INC
Summit Equities INC
Summit Equities, 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.