David Richards
David Richards is a registered investment advisor at Generational Wealth Advisors, based in Frisco, TX, with 23 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, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 184 clients with $570M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
Standard fee schedule includes financial planning. If clients pay separately for financial planning, the rate for the first $1,000,000 is 1.00%. Fees are negotiable.
Fee Estimator
Location
Frisco, TX
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
February 2002Other Business Activities
David owns an aircraft consulting business since 2008, dedicating nearly full-time hours to it. He also works as a Captain for American Airlines since 2017, spending about half his time on this role.
Employment History
Current Registrations
Generational Wealth Advisors
Previous Registrations
Index Fund Advisors, INC.
Cambridge Investment Research Advisors, INC.
Cb&h Wealth Management Services, L.L.C.
Cb & H Business Services, LLC
Ernst & Young Investment Advisers LLP
Terra Financial Planning Group LTD
Capital Planning Group
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.
Exams
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