David Benfer
David Benfer is a CFP-designated registered investment advisor at Veery Capital, LLC, based in West Chester, PA, 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 Estate Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 289 clients with $800M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Veery Capital charges a percentage of your portfolio's value each year. The exact percentage depends on how much you invest, with lower rates for larger portfolios. For clients using an investment management platform, there is a separate fee schedule. Fees are negotiable.
Here's a sample of their typical fee schedule:
- Up to $1,000,000: 1.15%
- Next $1,00,001 to $2,000,000: 0.81%
- Next $2,000,001 to $3,000,000: 0.56%
- Next $3,000,001 to $4,000,000: 0.39%
- Next $4,000,001 to $5,000,000: 0.26%
- Next $5,000,001 to $10,000,000: 0.17%
- Next $10,000,001 to $15,000,000: 0.11%
- Next $15,000,001 & Up: 0.07%
Investment Management Platform Fee:
- Up to $750,000: 0.20%
- Next $750,001 to $2,000,000: 0.18%
- Next $2,000,001 to $3,000,000: 0.16%
- Next $3,000,001 to $4,000,000: 0.14%
- Next $4,000,001 to $5,000,000: 0.12%
- Over $5,000,001: 0.00%
Location
24 W Market Street, West Chester, PA, 19382
Get directionsHistory
Regulatory History (1)
Customer Dispute
December 2008Other Business ActivitiesSells Insurance
David is dually-registered as an investment advisor representative and a registered representative, spending most of his time as an investment advisor representative. He is also an independent insurance agent and provides 401k participant education.
Employment History
Current Registrations
Veery Capital, LLC
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Securian Financial Services, INC.
Securian Financial Services, INC.Broker
New England Securities Corporation
New England SecuritiesBroker
State Registrations9 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.