DW
DW

David Watts

34 Years of Experience
Plano, TX
2 DisclosuresBroker

David Watts is a registered investment advisor at UBS Financial Services INC., based in Plano, TX, with 34 years of industry experience. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Retirement Planning, and 1 more. Their firm serves 1,134,581 clients with $810B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9502 advisors
IM Fee
Planning only
Assets Under Management
$808.8B

Fee Structure

UBS Financial Services Inc. offers financial planning services for a fee, with costs ranging from $500 to $50,000, though most clients pay between $1,000 and $10,000. Fees exceeding $50,000 but not more than $100,000 may be permitted for complex situations involving relationships with a net worth of $100 million or more. The fees are negotiable and may vary based on the range of services selected, the scope of the engagement, the complexity of the services, the nature and amount of client assets involved, and the financial advisor's business model.

One-Time Plan:$500 - $50,000
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Location

7250 DALLAS PARKWAY Suite120, Plano, TX, 75024

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History

Regulatory History (2)
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Customer Dispute
October 2001
Denied
Employment Separation After Allegations
February 1993
Other Business Activities

David is a managing member of Foco Enterprises, LLC, an unfunded LLC for future estate planning and asset protection, spending minimal time filing tax returns annually. He is also a general partner in Que Rico Investments LP, another unfunded entity for similar estate planning purposes.

Employment History
Current Registrations
UBS Financial Services INC.
July 2012 - Present · 13 yrs 10 mos
UBS Financial Services INC.Broker
July 2012 - Present · 13 yrs 10 mos
UBS Financial Services INC.
July 2012 - Present · 13 yrs 10 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
February 2006 - July 2012 · 6 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 2006 - July 2012 · 6 yrs 5 mos
Morgan Stanley Dw INC.Broker
December 2000 - February 2006 · 5 yrs 2 mos
Morgan Stanley
December 2000 - February 2006 · 5 yrs 2 mos
Dain Rauscher IncorporatedBroker
March 1998 - December 2000 · 2 yrs 9 mos
Dain Rauscher IncorporatedBroker
January 1998 - March 1998 · 2 mos
Rauscher Pierce Refsnes, INC.Broker
July 1996 - January 1998 · 1 yr 6 mos
Smith Barney INC.Broker
September 1994 - August 1996 · 1 yr 11 mos
Bear, Stearns & CO. INC.Broker
February 1993 - August 1994 · 1 yr 6 mos
Dallas Research & Trading, INC.Broker
December 1991 - March 1993 · 1 yr 3 mos
State Registrations38 states
AZCACOCTDCDEFLGAIAILINKSKYLAMAMDMEMIMNNCNENHNJNVNYOHOKORPARISCTNTXUTVAVirgin IslandsWAWI
AdvisorBrokerBoth

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
No exam information available for this advisor.