David Painter is a CFP, PFS-designated registered investment advisor at Osaic Wealth, INC., based in Birmingham, AL, with 32 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
700 Corporate Parkway, Birmingham, AL, 35242
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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David is an owner/partner at Southern Financial Group LLC, working as a financial advisor and CCO, and a registered representative of Triad Advisors, Inc. He also owns Southern Rental Group LLC (condo rental) and Southern Properties Group LLC (rental of office building), dedicating minimal time to each.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Southern Financial Group, LLC
Previous Registrations
Money Management Services INC
Triad Advisors LLCBroker
Allmerica Investments, INC.Broker
State Registrations2 states
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