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David Ernst

28 Years of Experience
St. Louis, MO
BrokerSells Insurance

David Ernst is a registered investment advisor at VALIC Financial Advisors, INC., based in St. Louis, MO, with 28 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, Education Planning, Estate Planning, Financial Planning & Coaching, and 2 more. Their firm serves 293,993 clients with $26B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1277 advisors
IM Fee
Planning only
Assets Under Management
$26.4B

Fee Structure

  • Financial planning fees depend on the complexity of your situation, the number of topics covered, the time needed to complete the plan, your net worth, and your location.
  • Consulting services are offered on a per-project basis, not exceeding $7,500 annually.
  • The total combined fee for a financial plan and consulting services will not exceed $10,000 annually.
One-Time Plan:Up to $5,000
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Location

12312 Olive Boulevard, Suite 265, St. Louis, MO, 63141

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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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Other Business ActivitiesSells Insurance

David is an agent for AGIA, selling non-securities insurance products. This takes a few hours per week.

Employment History
Current Registrations
VALIC Financial Advisors, INC.Broker
February 2020 - Present · 6 yrs 3 mos
VALIC Financial Advisors, INC.
February 2020 - Present · 6 yrs 3 mos
Previous Registrations
Prudential Financial Planning Services
December 2019 - January 2020 · 1 mo
Pruco Securities, LLC.Broker
December 2019 - January 2020 · 1 mo
Tiaa-Cref Individual & Institutional Services, LLCBroker
March 2012 - August 2019 · 7 yrs 5 mos
Advice and Planning Services
March 2012 - August 2019 · 7 yrs 5 mos
Forsyth Securites, INC.
February 2009 - January 2012 · 2 yrs 11 mos
Forsyth Securities, INC.Broker
February 2009 - January 2012 · 2 yrs 11 mos
Investment Centers of America, INC.Broker
March 2007 - January 2009 · 1 yr 10 mos
Ffp Securities, INC.Broker
August 2005 - February 2007 · 1 yr 6 mos
MML Investors Services, INC.Broker
October 2003 - August 2005 · 1 yr 10 mos
Northwestern Mutual Investment Services, LLCBroker
March 2001 - October 2003 · 2 yrs 7 mos
Robert W. Baird & CO. IncorporatedBroker
March 2001 - January 2002 · 10 mos
Prudential Securities IncorporatedBroker
December 1999 - February 2001 · 1 yr 2 mos
Edward JonesBroker
November 1996 - December 1999 · 3 yrs 1 mo
State Registrations2 states
ILMO
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.
David Ernst - Financial Advisor | TrueAdvisor