David Lees is a CFA-designated registered investment advisor at Mycio Wealth Partners, LLC, based in Philadelphia, PA, with 27 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 908 clients with $14B 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 $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $5.0M | 0.50% |
| $5.0M - $10.0M | 0.35% |
| $10.0M - $15.0M | 0.25% |
| $15M+ | 0.25% |
Fees are negotiable. The firm may perform investment management services on a fixed fee basis generally ranging from $10,000 to $300,000.
Fee Estimator
Location
Circa Centre, 2929 Arch Street, Suite 650, Philadelphia, PA, 19104
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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 Activities
David serves as a director for Bryn Mawr, a publicly traded bank and trust company, since 2005. He spends a few hours per week on this activity, with minimal time during securities trading hours.
Employment History
Current Registrations
Mycio Wealth Partners, LLC
Previous Registrations
Ernst & Young Investment Advisers LLP
State Registrations1 state
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