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CFP
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CFP

David Settelmyer

Gwn Securities INC.
31 Years of Experience
Schaumburg, IL
2 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

David Settelmyer is a CFP-designated registered investment advisor at Gwn Securities INC., based in Schaumburg, IL, with 31 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 37,793 clients with $4.8B in assets under management.

Gwn Securities INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
505 advisors
Number of Clients
37,793 clients
Average Client Portfolio
$126K average
Assets Under Management
$4.8B

Fee Structure

Minimum Investment:$2K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K1.50%
$250K - $500K1.25%
$500K - $1.0M1.00%
$1M+0.50%

Schedule represents the standard GWN Managed Account Program. Other programs such as Premier, Total Access, and FMAX have separate fee schedules or negotiable rates up to 2.00%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1821 Walden Office Square, #400, Schaumburg, IL, 60173

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
June 2010
Settled
Customer Dispute
September 2002
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David is an insurance agent selling life, health, long-term care, and annuity insurance since 2001, dedicating about 10-20% of his time to this activity. He also works full-time as a financial professional at Latitude Advisors, LLC since 2009.

Employment History
Current Registrations
Gwn Securities INC.
November 2009 - Present · 16 yrs 11 mos
Latitude Advisors, LLC
November 2009 - Present · 16 yrs 11 mos
Gwn Securities INC.Broker
November 2009 - Present · 16 yrs 11 mos
Previous Registrations
Medallion Advisory Services, LLC
February 2007 - December 2009 · 2 yrs 10 mos
Medallion Investment Services, INC.Broker
February 2007 - December 2009 · 2 yrs 10 mos
Next Financial Group, INC.Broker
October 2003 - February 2007 · 3 yrs 4 mos
Next Financial Group, INC.
October 2003 - February 2007 · 3 yrs 4 mos
Next Financial Group, INC.
June 2002 - October 2003 · 1 yr 4 mos
Next Financial Group, INC.Broker
October 2001 - October 2003 · 2 yrs
Mony Securities CorporationBroker
December 2000 - September 2001 · 9 mos
Pruco Securities CorporationBroker
August 1994 - October 2000 · 6 yrs 2 mos
State Registrations2 states
FLIL
AdvisorBrokerBoth

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
No exam information available for this advisor.
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