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CFP
DC
CFP

David Carrara

Citizens Securities, INC.
26 Years of Experience
Davidson, NC
Broker
View SEC Summary
View SEC Summary

David Carrara is a CFP-designated registered investment advisor at Citizens Securities, INC., based in Davidson, NC, with 26 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 High Net Worth, Investment Management, Retirement Planning. Their firm serves 60,545 clients with $13B in assets under management.

Citizens Securities, INC.
Compensation
Fee-Only (% of Portfolio)
Firm Size
787 advisors
Number of Clients
60,545 clients
Average Client Portfolio
$213K average
Assets Under Management
$12.9B

Fee Structure

Minimum Investment:$2K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K1.35%
$250K - $500K1.25%
$500K - $1.0M1.13%
$1.0M - $2.0M1.08%
$2.0M - $5.0M1.03%
$5M+0.98%

Schedule reflects fees for the Advisory Connect program. Other managed account programs charge an advisor fee up to 2%, plus platform and manager fees.

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

Location

Davidson, NC

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Citizens Securities, INC.
November 2021 - Present · 4 yrs 11 mos
Citizens Securities, INC.
November 2021 - Present · 4 yrs 11 mos
Citizens Securities, INC.Broker
November 2021 - Present · 4 yrs 11 mos
Previous Registrations
Equitable Advisors, LLC
April 2021 - November 2021 · 7 mos
Equitable Advisors, LLCBroker
April 2021 - November 2021 · 7 mos
Advice and Planning Services
November 2006 - November 2020 · 14 yrs
Tiaa-Cref Individual & Institutional Services, LLCBroker
September 2006 - November 2020 · 14 yrs 2 mos
Edward JonesBroker
June 2004 - October 2004 · 4 mos
Deutsche Bank Securities INC.Broker
June 1999 - June 2004 · 5 yrs
Morgan Stanley & CO., IncorporatedBroker
August 1997 - June 1999 · 1 yr 10 mos
State Registrations13 states
CTDEFLMAMINCNHNJNYOHPARIVT
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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