Daniel Berglund
Daniel Berglund is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in St. Louis, MO, with 34 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
1001 Craig Road, Suite 474, St. Louis, MO, 63146
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2004Customer Dispute
August 2002Other Business ActivitiesSells Insurance
Daniel sells fixed insurance products since 2005 and co-owns D&B Strategic Wealth, LLC, which facilitates securities and insurance business. He also does tax preparation through D&B Strategic Wealth, dedicating minimal time to each activity.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
American Express Financial Advisors, INC.
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations19 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.