David Simon
David Simon is a CFP-designated registered investment advisor at Arax Advisory Partners, based in Denver, CO, with 26 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 7,305 clients with $11B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Arax Advisory Partners provides investment management services for an annual fee based on the value of your portfolio. The fee varies depending on the size and complexity of your account and generally ranges from 0.50% to 2% per year. The fee is billed quarterly, either in advance or arrears. Clients may also incur additional fees charged by third parties, such as broker-dealers and custodians.
Location
730 17th Street, Suite 107, Denver, CO, 80202
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Regulatory History (1)
Customer Dispute
June 2025Other Business ActivitiesSells Insurance
David sells insurance and fixed annuities, receiving commissions as compensation. He also owns 100% of Simondavis, Inc., a brokerage general agency, and is a managing director and owner of SRS Investment Services, LLC.
Employment History
Current Registrations
Arax Advisory Partners
Previous Registrations
Usallianz Securities, INC.
AXA Advisors, LLC
State Registrations2 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.