David Baum
David Baum is a registered investment advisor at Lifemark Securities CORP., based in Rockeville Centre, NY, 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 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
Rockeville Centre, NY
Get directionsHistory
Regulatory History (2)
Customer Dispute
July 2023Customer Dispute
April 2017Other Business ActivitiesSells Insurance
David was involved in the sale of fixed insurance products, meeting with clients and providing financial and risk analysis. He spent minimal time on this activity in May 2024, and it is not ongoing.
Employment History
Current Registrations
Lifemark Securities CORP.
Lifemark Securities CORP.
Lifemark Securities CORP.Broker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
Msi Financial Services, INC.Broker
Primary Capital, LLCBroker
Assent LLCBroker
Andover Brokerage, L.L.C.Broker
Ndb Capital Markets, LPBroker
Global Capital Securities CorporationBroker
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.