David Wheatley is a registered investment advisor at Newedge Advisors, based in New Haven, CT, with 30 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, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 42,946 clients with $27B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
NewEdge Advisors manages investments through a wrap fee program. Clients pay a single annual fee, not to exceed 2.50%, which covers investment advice and custodial transaction costs. The fee is calculated based on the value of the account and is billed quarterly in advance. Fees are negotiable. Clients may pay more for the wrap fee service than they would for non-wrap services, depending on their account's trading activity.
Location
157 Church Street, 19th Floor, New Haven, CT, 06510
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Regulatory History (1)
Customer Dispute
March 2002Other Business Activities
David owns and manages residential rental real estate through Beaumont Properties LLC and SHROM Properties LLC, dedicating about 10% of his time. He is also a Partner / Senior Wealth Management Advisor at Tidewater Wealth Management, spending nearly full-time on financial planning and fee-based advice.
Employment History
Current Registrations
Newedge Advisors
Previous Registrations
Newedge Securities, LLCBroker
Advice and Planning Services
Tiaa-Cref Individual & Institutional Services, LLCBroker
Woodbury Financial Services, INC.Broker
Woodbury Financial Services, INC.
Hsbc Securities (USA) INC.Broker
Hsbc Brokerage (USA) INC.Broker
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
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.