David Iobst
David Iobst is a CFP, ChFC-designated registered investment advisor at Lifemark Securities CORP., based in Middletown, DE, with 24 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 1,434 clients with $460M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
LifeMark Securities Corp. charges a fee based on a percentage of your account value for investment advisory services. This fee is negotiable and depends on the account value, investment program, service level, and complexity of your financial situation. The fee ranges from 0.35% to 0.5% depending on the asset level, with a maximum of 2.0%. Additional fees may include custodian fees, platform fees, manager fees, and transaction fees. The fees are deducted directly from your account monthly or quarterly.
Location
Middletown, DE
Get directionsHistory
Regulatory History (1)
Customer Dispute
April 2005Other Business ActivitiesSells Insurance
David is an independent insurance agent selling life, disability, and long-term care insurance, along with fixed annuities, dedicating about half of his time to this activity. He also serves as a Little League Manager/Coach, dedicating about 10-20% of his time.
Employment History
Current Registrations
Lifemark Securities CORP.Broker
Lifemark Securities CORP.
Previous Registrations
State Farm Vp Management CORP.Broker
Directed Services LLC
Directed Services LLCBroker
Tower Square Securities, INC.
Tower Square Securities, INC.Broker
Jefferson Pilot Securities CORP
Jefferson Pilot Securities CorporationBroker
Pan-American Financial AdvisersBroker
American Capital CorporationBroker
Pruco Securities CorporationBroker
State Registrations4 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.