David Ungaro
David Ungaro is a registered investment advisor at Sovereign Asset Management, based in Amherst, NY, 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 Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 337 clients with $150M 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 $249K | 2.50% |
| $249K - $499K | 2.25% |
| $499K - $749K | 2.00% |
| $749K - $1000K | 1.75% |
| $1.0M - $1.5M | 1.50% |
| $1.5M+ | 1.25% |
Fees are negotiable and may be reduced by aggregating investments.
Fee Estimator
Location
4043 Maple Road Suite 210A, Amherst, NY, 14226
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2002Other Business ActivitiesSells Insurance
David is an officer of The Money Men Inc and Priority Financial Group, where he also sells fixed life insurance and fixed annuities. He is also an Investment Advisor Representative for Sovereign Asset Management, dedicating about half his time to this role.
Employment History
Current Registrations
Sovereign Asset Management
Previous Registrations
LPL Financial LLCBroker
Next Financial Group, INC.
Next Financial Group, INC.Broker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations2 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.