David Lees is a CFA-designated registered investment advisor at Mycio Wealth Partners, LLC, based in Philadelphia, PA, with 28 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Corporate Executives, Education Planning, Estate Planning, and 6 more. Their firm serves 943 clients with $16B 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 $25.0M | 0.50% |
| $25.0M - $50.0M | 0.35% |
| $50.0M - $75.0M | 0.20% |
| $75.0M - $100.0M | 0.15% |
| $100.0M - $200.0M | 0.08% |
| $200.0M - $400.0M | 0.06% |
| $400.0M - $500.0M | 0.05% |
| $500.0M - $1000.0M | 0.04% |
| $1000M+ | 0.04% |
Minimum annual fee of $25,000. Fees are negotiable based on anticipated future earning capacity, future assets, account composition, and other factors.
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
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.
Exams
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